River is a musician who wants to buy a $2,500 microphone. He can't get a bank loan because he has no credit history. Which of these will be a better choice for him, and why: 1) A $2,500 credit card with 24.99%
annual interest rate. 2) A lay-away program at the store where he can put down $250 now and has 12
months to pay in full. 3) To borrow $2,500 from a friend and then pay them $250 a month for 12 months.