lakesha does not have enough in her bank account to use a debit card for the purchase of a bike she needs to…

lakesha does not have enough in her bank account to use a debit card for the purchase of a bike she needs to get to work. she has to decide whether to use a credit card or to finance the bike through the store. which questions should lakesha answer before making her decision? check all that apply.\n\n□ will this cause my bank account to have a negative balance?\n□ what is the difference in the finance charges for the two choices?\n□ how much will the bike cost when adding the finance charges to the price?\n□ should i talk to a consumer credit counseling service?\n□ can i pay at least the minimum payment each month?\n□ will i be able to make the payments and avoid late fees?

lakesha does not have enough in her bank account to use a debit card for the purchase of a bike she needs to get to work. she has to decide whether to use a credit card or to finance the bike through the store. which questions should lakesha answer before making her decision? check all that apply.\n\n□ will this cause my bank account to have a negative balance?\n□ what is the difference in the finance charges for the two choices?\n□ how much will the bike cost when adding the finance charges to the price?\n□ should i talk to a consumer credit counseling service?\n□ can i pay at least the minimum payment each month?\n□ will i be able to make the payments and avoid late fees?

Answer

Answer:

  • Will this cause my bank account to have a negative balance?
  • What is the difference in the finance charges for the two choices?
  • How much will the bike cost when adding the finance charges to the price?
  • Can I pay at least the minimum payment each month?
  • Will I be able to make the payments and avoid late fees?

Brief Explanations:

These questions are relevant to financial - decision making. The negative balance question pertains to debit card use. Finance charge and total cost questions help compare options. Minimum payment and avoiding late - fees questions are important for credit card and store - financing to manage debt well.