Question

value: 2
what is different about paying with cash and getting a loan?
a. paying with cash requires you to make monthly payments
b. getting a loan requires you to save before you want to buy the car.
c. paying with cash requires you to pay up front the total cost of the car.
d. all of the above

Explanation:

• Option a is incorrect: Cash payments are one-time, no monthly installments.
• Option b is incorrect: Loans let you purchase without prior full savings.
• Option c is correct: Cash payment requires full upfront cost.

Answer:

c. Paying with cash requires you to pay up front the total cost of the car.