Quote:
Originally Posted by seclark
if it's financially possible, i would pay it off. i'm a different kinda cat, though.
put me down on that tittay list also, please.
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Quote:
Originally Posted by Pestilence
I would pay it off now while you can. You never know what's going to happen with the government.
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For what it's worth, this is what my gut says to do, but my mathematical brain says Option 2 is the way to go. It's a pretty simple equation, really. If we pay it off, the expected value is $18,700 (100% chance of that happening - again oversimplified). If we don't, I'd calculate the expected value as being $11,875 (25% chance of getting screwed and paying $25k total + 75% chance of not getting screwed and paying $7500 total).