Answered: Which of the following is a…

Which of the following is a disadvantage of credit OR buying on using credit? * a Instant enjoyment b Emergencies c Convenience d Impulse buying Savings

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter8: Vehicle And Other Major Purchases

Section: Chapter Questions

Problem 6LTAI

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Question

Which of the following is a disadvantage of credit OR buying on using credit? *

a Instant enjoyment

b Emergencies

c Convenience

d Impulse buying

Savings

2. From the list below, pick an advantage of using credit to complete a purchase: *

a Overbuying

b Instant enjoyment

c Impulse buying

d Financial Difficulties

e Cost of credit

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