Which method of payment is likely to be the least expensive in the long run?
A) Bank credit card
B) Check written on a home equity line of credit
C) Cash
D) Store credit card
E) Cash advance on a Visa credit card

Question

Quizplus · Accepted Answer

Cash is the least expensive method of payment in the long run as it does not incur any interest charges or fees, unlike credit cards or home equity lines of credit. Additionally, using cash can help individuals avoid overspending and accumulating debt.

Which Method of Payment Is Likely to Be the Least