The phone with the verision Essay Example | Topics and Well Written Essays - 250 words

The phone with the verision - Essay Example Consider an iPhone purchase either through a two year contract and Verizon Edge. Purchasing through the agreement will cost an individual an upfront payment of $2325.90 while Verizon will take a 20 months installment of $110.65 giving the full payment for the device as $2213.78. The two-year agreement will however take an entire period of 24 months that is higher than that of the edge program making the agreement’s total monthly cost to be lower as compared to that of Verizon. Buying S5 using an agreement will cost an individual $2371 which is higher than $2159 charged for the Verizon Edge. The monthly charges however reverse with that of Verizon being higher since the deal takes a longer period of 24 months as compared to that of Verizon, which takes 20 months. It is, therefore, evident that in the long run a Verizon Edge program saves much money as compared to a typical agreement and also makes upgrading easy. It is, therefore, recommended for individuals to register for this program and take advantage of this new