Davis is planning to buy a bike. He has the full amount in his bank account. He does not want to pay any interest on his purchase. Which option (s) can Davis use when making the purchase?

A. Use a debit card

B. Use a Credit Card

C. Use a debit card, or use a credit card and pay the balance in full when the bill arrives.

D. Use a debit card, or use a credit card and make payments over the next few months.

Question

Business

Strickland

14 February, 02:53

Davis is planning to buy a bike. He has the full amount in his bank account. He does not want to pay any interest on his purchase. Which option (s) can Davis use when making the purchase?

A. Use a debit card

B. Use a Credit Card

C. Use a debit card, or use a credit card and pay the balance in full when the bill arrives.

D. Use a debit card, or use a credit card and make payments over the next few months.

+1

Answers (1)

Know the Answer?

Kennedy Simpson · Answer 1

The correct answer is letter A, David should use his debit card in order to purchase the bike that he wants without interest. Debit cards are designed to be deducted from a person's current or savings account in the bank. This system allows the person to make transactions that are always down to the exact amount, and is very advantageous especially when centavo currencies are involved.