Quick! Which would you rather have: a 30-year mortgage at 4% or a 15-year mortgage at 3.25%? I thought I knew the answer — the 15, right? — until I recently spent a good deal of time what-if’ing the numbers. And what I found surprised me.
Those who read my stuff know that I have a soft spot for numbers, and that I regret having not done more math in school. The same is true for science, except my science education stopped at the end of my high school career rather than barely into it. So […]