The total cost of purchasing a sound system or HDTV with cash is ________ the cost when using credit cards to finance the same assets.
A) the same as
B) greater than
C) less than
D) less stable than

Question

Quizplus · Accepted Answer

When purchasing with credit cards, there are usually additional costs such as interest and fees, making the total cost greater than if purchased with cash. Therefore, the total cost of purchasing with cash is less than the cost when using credit cards to finance the same assets.

The Total Cost of Purchasing a Sound System or HDTV