Frank wants to buy a new couch. At Ashley Home Store, the couch costs
$3,600, but you get a 8% discount and pay it off with a loan at a simple
interest rate of 6%. Bob's furniture is selling the same couch for $3,900.
but with no interest and payments are made over 3 years. If the customer
plans to pay off the couch in 3 years, which option is better? Show your
work and explain your reasoning!
ROB's