When purchasing goods or services, most consumers ...
When purchasing goods or services, most consumers have a choice of using cash or a credit card. Credit cards are very convenient.Credit cards charge interest, which is an additional charge on whatever the product or service costs. If a credit card user doesn’t pay his bill immediately, the interest compounds (increases), which can make an everyday purchase turn into long-term debt. On the other hand, using cash means a person is only using only money he has and is not accumulating debt to pay in the future. What is a difference between cash and credit cards? A. cash leaves you with no interest and credit cards have interest B. one is paper and one is bigger paper C. None of the above