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QuizMultiple Choice

Understanding Credit

Question 1 • GA-GSE Personal Finance and Economics

Isabella bought a CD player at the store. She will receive the bill at the end of the month. She plans to pay $30 each month until the bill is paid in full. How did Isabella pay for the CD player?

Answer
A
cash
B
check
C
credit card
D
debit card

Explanation

Isabella will receive a bill later and pay it off in monthly installments. That is how a credit card works, so she paid with a credit card.

AI-written and checked against the verified answer.

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