Question

Shondra is thinking of making payments for her laptop by setting up automatic withdrawals with the store. What must shondra consider before she decides to pay with automatic withdrawals?.

Answer 1

C. Shondra should be sure she will have enough in her account to be able to make the monthly payments.

Step-by-step explanation:

Answer 2

If I was her I would consider what is below

Step-by-step explanation:

She should consider at least:

1) How much each payment is AND the interest on each payment (if any)

2) How often the payments happens (monthly, bi-weekly, etc.)

3) Whether or not she will be able to afford each payment on time

4) If the benefit of having the laptop now, and probably paying a higher total price over time, out weighs the cost of just saving up for it and avoiding the interest

Following up point 4: If her getting the laptop immediately lets her make more money than what she will pay for it she should take out the loan and make the automatic payments. If this isn't the case and she doesn't need the laptop today she should just save up for it and not make any automatic payments