Question

Riley doesn't want to wait that long before purchasing the refrigerator, so she decides to consider using

credit. After speaking with a store clerk, Riley learns that she qualifies for a special payment plan the
store offers. Why should Riley should consider the amount of interest associated with the payment
plan?

A. Interest decreased the cost of the new refrigerator
C.interest determines the amount of taxes Riley will Pat when she purchases the refrigerator
D.interest is the cost for borrowing money

70points!!!

Answer 1

Answer: I'm pretty sure it's C

Explanation:

Most interest income is taxable as ordinary income on your federal tax return

Answer 2

D.

Explanation:

D is the best answer since you didn't provide a B. It's the one that makes the most sense.