On a recent family trip, your child complained constantly th…

On a recent family trip, your child complained constantly that you weren’t driving fast enough.  You tried to explain that it was easier for them to say, because they weren’t the ones who would have to pay for the ticket.  What term below is the name for this situation?

You are purchasing a new car for $35,000 and have been given…

You are purchasing a new car for $35,000 and have been given a promotional offer by the dealership which allows you to purchase the vehicle using 0% APR financing on a 60 month loan.   You had intended to use your credit union, which had agreed to finance the car at 9.6% APR, but you certainly now prefer to accept the dealership’s offer.  How much did you save by taking the 0% APR deal?