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.\nwill this cause my bank account to have a negative balance?\nwhat is the difference in the finance charges for the two choices?\nhow much will the bike cost when adding the finance charges to the price?\nshould i talk to a consumer credit counseling service?\ncan i pay at least the minimum payment each month?\nwill 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.\nwill this cause my bank account to have a negative balance?\nwhat is the difference in the finance charges for the two choices?\nhow much will the bike cost when adding the finance charges to the price?\nshould i talk to a consumer credit counseling service?\ncan i pay at least the minimum payment each month?\nwill i be able to make the payments and avoid late fees?

Answer

Brief Explanations:

  • The question about the difference in finance charges helps compare costs.
  • Knowing the total cost (bike price + finance charges) is essential.
  • Ability to pay at least the minimum monthly payment is relevant for credit - related decisions.
  • Avoiding late fees by making payments is important for financial health.

Answer:

  • 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?