asked 76.8k views
2 votes
The chart shows pricing and payment options for two big-ticket items. If someone were unable to pay cash right now, which financing option would be best for the laptop and for the refrigerator?

rent-to-own; installment
installment; rent-to-own
rent-to-own; rent-to-own
save up and pay cash

1 Answer

5 votes

The correct answer is C) rent-to-own; rent-to-own.

The chart shows pricing and payment options for two big-ticket items. If someone were unable to pay cash right now, the financing option that would be best for the laptop and for the refrigerator would be rent-to-own; rent-to-own.

If you want to buy something relatively pricy or simply you cannot afford it right now because you do not have enough money to pay for it, you have one option that fits your necessities: rent-to-own. This is a finance option that helps acquire the good and make some payments during a period until you own it. The store or the company leases you the product and you agree to pay it monthly with the option to buy it when you can afford it. That is the way to acquire, cars, furniture, houses, or consumer electronics.

answered
User Akmal Salikhov
by
7.9k points
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