To have a smoothie with breakfast more regularly, Jordan decides to buy a new blender that cost $59. Jordan can pay with cash, by debit card, or by credit card. Compare and contrast the payment methods Jordan must choose among. Decide which one will help Jordan avoid paying potential fees or interest on the purchase.(1 point)

Question

To have a smoothie with breakfast more regularly, Jordan decides to buy a new blender that cost $59. Jordan can pay with cash, by debit card, or by credit card. Compare and contrast the payment methods Jordan must choose among. Decide which one will help Jordan avoid paying potential fees or interest on the purchase.(1 point)

Responses

Jordan can use any of the three payment methods without worrying about paying potential fees or interest.
Jordan can use any of the three payment methods without worrying about paying potential fees or interest.

credit card
credit card

debit card
debit card

cash

Answer 1

Using cash would help Jordan avoid paying potential fees or interest on the purchase. Since cash is a form of direct payment, there are no additional charges or interest rates associated with using it. However, if Jordan were to use a debit card, there is a possibility of overdraft fees or additional charges if there are insufficient funds in the account. Similarly, if Jordan were to use a credit card, there is the potential for interest to be charged on the purchase if the balance is not paid off in full by the due date. Therefore, using cash would be the best option for Jordan to avoid any potential fees or interest.