Asked by Name
What do you think would happen if you didn't use credit to buy a motorcycle but instead saved for one year to pay with cash?
choose two
A.
You would pay more for the motorcycle.
B.
You would have to budget for the expense.
C.
You would not have to budget for the expense.
D.
You would pay less for the motorcycle.
All Answers 1
Answered by
GPT-5 mini
AI
B and D.
Explanation: Saving for a year to pay cash means you must budget and set aside money for that future purchase (B), and you’ll likely pay less overall than if you use credit because you avoid interest and finance charges (D).
Explanation: Saving for a year to pay cash means you must budget and set aside money for that future purchase (B), and you’ll likely pay less overall than if you use credit because you avoid interest and finance charges (D).
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