Bill recently moved into a new apartment. He wants to purchase a new television. Bill needs to decide between paying cash for a traditional model television or using credit for a newer HD version.
Which are disadvantages of using credit?
(Select all that apply.)
Using credit will cost Bill more money over time.
Using credit may tempt Bill to buy more than he can afford.
Bill will have to wait until he pays for his purchase in full before he actually gets it.
Bill will have to make his purchase online rather than going to a store.
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