Question

What is a true statement about making a purchase ? A-if you purchase an item with credit card, the money to pay for your purchase will be loaned to you B- if you purchase an item with a debit card,you may have to pay interest C-If u purchase an item with a credit card, the money will be deducted from your account D-if you purchase an item with debit card, you will have to pay back the bank for the amount you borrowed.

Answer 1

A

Explanation:

Answer 2

A- If you purchase an item with a credit card, the money to pay for your purchase will be loaned to you

Explanation:

The answer is A because when you use a credit card, any money you spend with it is actually being loaned to you, which you will have to pay back at a later date.

The answer is NOT b because when you are using a debit card, you are using your money that you already own, so you don't have to pay interest on anything.

The answer is NOT c because when you buy stuff with a credit card, the money is being loaned to you, not deducted from your account.

The answer is NOT d because you do not have to pay back a loan with a debit card, that's only with credit cards.

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