Question

understanding debit purchases
freya wants to use her debit card to purchase a $135 tablet computer.
what must freya consider before using her debit card? check all that apply.
□ she must be sure there is at least $135 in her bank account for the purchase.
□ she must check the interest rate on the debit card.
□ she must check to see if any automatic payments are scheduled for her account.
□ she must check her credit history.
□ she must make sure she will be able to make the monthly payments.

Explanation:

• For "She must be sure there is at least $135 in her bank account for the purchase": Debit cards use funds directly from the bank account, so sufficient balance is necessary.
• For "She must check to see if any automatic payments are scheduled for her account": Automatic payments can reduce the available balance, so checking them helps ensure enough funds for the purchase.
• The other options are incorrect: Debit cards don't have interest rates (credit cards do), debit card use doesn't involve credit history, and debit card purchases don't require monthly payments (they deduct funds immediately).

Answer:

• She must be sure there is at least $135 in her bank account for the purchase.
• She must check to see if any automatic payments are scheduled for her account.