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Comparing Payment methods

Authored by Christopher Gale

Business

9th Grade

Used 1+ times

Comparing Payment methods
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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What payment option would be recommended if you have the full amount in your bank account?

Credit card

Rent-to-own

Cash/debit

Layaway

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which payment method should you choose if you want to avoid high-interest rates?

Store credit

Credit card

Cash/debit

Layaway

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much extra money would you end up paying if you chose the rent-to-own option?

$50

$30

$35

$41

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you consider if you can save up the money within the next six months?

Paying with credit card

Store credit interest rates

Rent-to-own benefits

Layaway setup fee

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which option is better than using layaway if you don't have money now?

Rent-to-own

Credit card

Store credit

Cash/debit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could be a viable payment method if you have the money now and are disciplined about paying off fast?

Layaway

Store credit

Rent-to-own

Credit card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you don't have money now, which option allows you to get the TV immediately?

Layaway

Store credit

Cash/debit

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