Credit Cards Quick Check
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Question
You and your friend go to the store to buy a new set of headphones when they release. The headphones cost $150. You use your debit card to buy the headphones. Your friend uses their credit card to buy the headphones. Their credit card has a monthly interest rate of 2%. If it takes your friend a year to pay off the headphones, who spends less on the purchase and by how much?(1 point)
Responses
You spend $36 less than your friend.
You spend $36 less than your friend.
Your friend spends $36 less than you.
Your friend spends $36 less than you.
You spend $3 less than your friend.
You spend $3 less than your friend.
Your friend spends $3 less than you.