Question

Select all the correct answers. ashton takes piano lessons because he wants to be a concert pianist someday. he sees an ad on a website for a keyboard that’s on sale. he doesn’t have the cash, so he uses his credit card to pay for the keyboard. which two benefits does ashton derive from using his credit card for this purchase? paying by credit card is cheaper than paying with cash. ashton can use the keyboard while paying for it later. ashton gets a price discount that he may not get if he buys later. ashton doesn’t have to pay an additional cost for using credit.

Answer 1

Ashton derives two benefits from using his credit card: he can use the keyboard while paying for it later, and he gets a price discount that he may not get if he buys later.

Step-by-step explanation:

Ashton derives two benefits from using his credit card for this purchase. Firstly, he can use the keyboard while paying for it later. Paying by credit card allows him to make the purchase even if he doesn't have the cash upfront. Secondly, he gets a price discount that he may not get if he buys later. The ad on the website offers a sale on the keyboard, which Ashton can take advantage of by using his credit card to make the purchase.

Answer 2

Ashton benefits from being able to use the keyboard immediately without full payment and securing a sale price with his credit card. However, there may be additional costs associated with credit card use.

Step-by-step explanation:

Ashton derives two main benefits from using his credit card to purchase the keyboard. The first benefit is that Ashton can use the keyboard while paying for it at a later time. This advantage allows him to practice and improve on the piano without needing the full amount upfront. Secondly, by using a credit card, Ashton might be securing the sale price of the keyboard, ensuring he doesn't miss out on the current price discount, which he may not get if he buys later. However, it is important to note that using a credit card is not necessarily cheaper than cash, and Ashton will likely have to pay an additional cost for using credit in the form of interest, unless he pays off the balance before interest accrues.