Question

Jeff wants to buy pizza for dinner. What advantage would there be to using cash instead of credit?

Paying with cash will keep him from having to pay a gratuity, or tip, for delivery service.

If he uses cash, the purchase details will be automatically recorded in his bank records.

If he uses cash, it will show he is responsible, and his credit history will improve.

Paying with cash will prevent the buildup of interest charges on the paid amount. <------- my answer

Answer 1

Youre answer is correct

Answer 2

The correct answer is D) Paying with cash will prevent the buildup of interest charges on the paid amount.

If Jeff wants to buy pizza for dinner, the advantage of using cash instead of credit would be that Paying with cash will prevent the buildup of interest charges on the paid amount.

Many people prefer to pay in cash instead of credit because they do not like to accumulate debts if they cannot pay in time. If Jeff uses cash, he simply uses the money in his pocket and the deal is done. That's it. However, if he uses a credit card to pay for the pizza, he is going to accumulate the amount of money he needs to pay at the end of the month with other purchases. If he does not pay on time, he is going to be charged interests.