yuri wants to pay for his new chair using a check. what must he consider before using that method of…
yuri wants to pay for his new chair using a check. what must he consider before using that method of payment?\nyuri must check his credit history.\nyuri must know the interest rate on a furniture loan.\nyuri must be sure he has enough left in his checking account for any expenses and automatic payments.\nyuri must check his credit card balance.
Answer
Brief Explanations:
When using a check for payment, funds are drawn from the checking account. So, one must have sufficient balance to cover expenses and automatic payments to avoid issues like bounced - checks. Credit history, furniture loan interest rate, and credit card balance are not directly relevant to using a check for payment.
Answer:
Yuri must be sure he has enough left in his checking account for any expenses and automatic payments.