Multiple Choice
When making a purchase,it is least costly to
A) pay cash.
B) put it on a credit card and pay off the balance plus interest in one year.
C) put it on a credit card and pay off the balance at the end of the month before interest accrues.
D) it doesn't matter because all three have the same present value.
Correct Answer:
Verified
Correct Answer:
Verified
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