A department store offers you the following credit card offer: No money down and no interest for 5 years. You have been considering a new furniture purchase for your home and decide to sign up for this attractive offer as you purchase $10,000 worth of furniture. Since personal funds are low, you decide to utilize the no payment, no interest option for 5 years, and plan to begin making the 2% per month payments when the five year offer ends. You also decide not to make any more charges on this credit card.