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Describe two advantages of using credit cards. ..... Choose the correct answer below. OA. Relatively low interest rates on unpaid balances and convenience of use. O B. You get to use a product before actually paying for it and it provides a source of temporary emergency funds. OC. May provide amenities and difficulty to overspend. O D. Lack of caps on interest rates and fees.

Describe two advantages of using credit cards. ..... Choose the correct answer below. OA. Relatively low interest rates on unpaid balances and convenience of use. O B. You get to use a product before actually paying for it and it provides a source of temporary emergency funds. OC. May provide amenities and difficulty to overspend. O D. Lack of caps on interest rates and fees.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Describe two advantages of using credit cards. ..... Choose the correct answer below. O A. Relatively low interest rates on unpaid balances and convenience of use. B. You get to use a product before actually paying for it and it provides a source of temporary emergency funds. C. May provide amenities and difficulty to overspend. D. Lack of caps on interest rates and fees.
Transcribed Image Text:Describe two advantages of using credit cards. ..... Choose the correct answer below. O A. Relatively low interest rates on unpaid balances and convenience of use. B. You get to use a product before actually paying for it and it provides a source of temporary emergency funds. C. May provide amenities and difficulty to overspend. D. Lack of caps on interest rates and fees.
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