Answers 2027 Ignite Financial Literacy-Personal Finance - EL3403 Understanding CreditQuestion 1

1

AssignmentMultiple Choice

Understanding Credit

Question 1 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

Martin used his credit card to buy a new bike. Which statement is true?

Answer

A

Martin borrowed money to buy the bike.

B

Martin paid cash at the store.

C

Martin used money from his checking account.

D

Martin saved money over time.

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