ralph is purchasing a new gaming system for $300.00. he is trying to decide whether he wants to use cash or…

ralph is purchasing a new gaming system for $300.00. he is trying to decide whether he wants to use cash or his credit card to pay. he has $400.00 available in his checking account to pay for the system in full. which of the following is not an argument that justifies ralphs use of his credit card to purchase the gaming system? a. if he uses his credit card, he wont have to walk around with $300 in his wallet. b. with credit, he is not required to pay off his balance for a very long time. thats $300 more in his pocket. c. ralph can afford to pay off the credit card purchase immediately, and it will help build a good credit rating. d. if he uses his credit card, it will be easier to pay for extra items (cords and controllers) that he wasnt expecting to have to purchase. please select the best answer from the choices provided

ralph is purchasing a new gaming system for $300.00. he is trying to decide whether he wants to use cash or his credit card to pay. he has $400.00 available in his checking account to pay for the system in full. which of the following is not an argument that justifies ralphs use of his credit card to purchase the gaming system? a. if he uses his credit card, he wont have to walk around with $300 in his wallet. b. with credit, he is not required to pay off his balance for a very long time. thats $300 more in his pocket. c. ralph can afford to pay off the credit card purchase immediately, and it will help build a good credit rating. d. if he uses his credit card, it will be easier to pay for extra items (cords and controllers) that he wasnt expecting to have to purchase. please select the best answer from the choices provided

Answer

Answer:

B. With credit, he is not required to pay off his balance for a very long time. That's $300 more in his pocket.

Brief Explanations:

Not paying off credit - card balance for a long time can lead to high - interest charges and debt accumulation, which is not a good justification for using a credit card. Options A, C, and D are valid reasons for using a credit card.