Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - 8.8 Credit Cards - Exercise Set 8.8 - Page 565: 22

Answer

This statement makes sense.

Work Step by Step

A debit card is that mode of payment through which whenever a debit card holder makes the payment, the said amount of money is electronically deducted from the concerned payment’s bank account.Debit cards are meant to offer convenience to its users in terms of making payments through it and the ability to run up the debt associated with credit cards at the same time. My debit card does offer the convenience of making purchases with a piece of plastic without the ability to run up credit card cost debt. Hence, the given statement makes sense.
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