A FINANCE LOAN FOR 4.99%
VERSUS
A CERTIFICATE OF DEPOSIT
FOR 3.50%

MOST PEOPLE THINK THEY WILL
PAY MORE INTEREST AT 4.99%
FOR A CAR LOAN THEN THEY
WILL EARN AT 3.50% INA CD

THE POWER OF COMPOUND INTEREST

USING $40,000 AS AN EXAMPLE

THE INTEREST PAID FOR 60 MONTHS
AT 4.99% = $5,279.97

THE INTEREST EARNED FOR 60 MONTHS
AT 3.50% = $7,550.63

YES, YOU MUST BE ABLE TO MAKE
THE MONTHLY PAYMENT EACH
AND EVERY MONTH.

IF YOU PAID CASH AND PUT THE MONEY
IN THE BANK EACH AND EVERY MONTH
THE RESULT WOULD BE SIMILAR BUT
MOST PEOPLE HAVE A HARD TIME
DOING EXACTLY THAT!