Ask Question
9 October, 19:46

David wants to buy a new car that costs $23,899, but only has $6,000 in cash. Since the car costs more than the amount of money he has, David must get a loan from a bank and pay interest on the remaining balance that he owes. Which personal money management term is explained in this example?

A) saving

B) income

C) Credit/debit

D) investing

+4
Answers (1)
  1. 9 October, 19:51
    0
    he is investing money to buy a car
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “David wants to buy a new car that costs $23,899, but only has $6,000 in cash. Since the car costs more than the amount of money he has, ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers