What do you think would happen if you didn't use credit to buy a motorcycle but instead saved for one year to pay with cash?

A. You would have to budget for the expense.

B. You would not have to budget for the expense.

C. You would pay less for the motorcycle.

D. You would pay more for the motorcycle.

Select all that apply

Question

Business

Ryker Henderson

1 May, 22:04

What do you think would happen if you didn't use credit to buy a motorcycle but instead saved for one year to pay with cash?

A. You would have to budget for the expense.

B. You would not have to budget for the expense.

C. You would pay less for the motorcycle.

D. You would pay more for the motorcycle.

Select all that apply

+4

Answers (1)

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Jaylynn Koch · Answer 1

Normally when you "lease" something on credit then you have to pay interest. So if you save the money over a course of a year instead of leasing on credit, you would most likely not pay as much. So, C, would be my best guess.