Question

Rafael wants to buy a new CD player that costs $450. According to his budget, he can afford payments up to $62.00 per month. Which of the three credit cards you’ve found would you recommend that Rafael use to purchase the CD player?

Answer 1

Rafael's best option for a credit card to finance a CD player would depend on the interest rates and terms offered by the cards. Without this specific information, we cannot determine which card he should use.

Step-by-step explanation:

The subject of this question is related to credit card financing and budgeting, which falls under the category of Mathematics, specifically financial mathematics. Rafael can afford payments up to $62.00 per month for a new CD player that costs $450. To advise Rafael, one would need to know the interest rates and terms of the credit cards in question to determine the most affordable option for him, especially if the payments are to be made over several months.

The information provided does not specify the particular credit cards or their terms, thus it is impossible to determine which credit card would be most suitable for Rafael's purchase of the CD player based on the details given. A detailed analysis of the credit card terms, such as interest rates and repayment periods, would be required to make a solid recommendation.