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finiance charge (Score: 1)
by chipotle_pickle on Saturday, November 08, 2003 @ 15:30:40 EST
(User Info | Send a Message) http://freehydrogen.blogspot.com
I go over the finance charges in the other post. The $15 would assume an impossibly low interest rate. A reasonable interest rate would cause the payments to be about 2X what they are stating. Work it out for yourself and you will see.


| Parent
  • Re: finiance charge by Anonymous on Saturday, November 08, 2003 @ 19:30:15 EST
    • [edited] by chipotle_pickle on Sunday, November 09, 2003 @ 02:01:45 EST
      • Re: [edited] by baldy on Sunday, November 09, 2003 @ 03:54:55 EST

Re: Exclusively from GWE - a 10 month year (Score: 0)
by Anonymous on Saturday, November 08, 2003 @ 20:20:46 EST
I noticed that the math related to calculating the purchase price is different on their web page than the article posted here. It looks their web page was correct before this article was posted.

If you look more carefully at what they have written, the amortized cost per month includes filter replacement over the life of the system. I don't see where anyone came up with this a ten month year nonesense. I calculate the mothily cost at $15.16, which to me is approximately $15 a month.



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