Answered

Question 10 (5 points)
buy expensive items you do not have enough money to buy raise standard of living emergency funds convenient safer than carrying cash
O a
disadvantages of filing for bankruptcy
Ob
advantages of filing for bankruptcy
disadvantages of consumer credit
Od
advantages of consumer credit



Answer :

GinnyAnswer

Final answer:

The advantages and disadvantages of buying a car along with how obtaining credit impacts economic success.


Explanation:

Advantages of buying a car:

  • Ownership of an asset that can appreciate in value over time.
  • Flexibility in customization and usage without mileage constraints.

Disadvantages of buying a car:

  • Depreciation of the vehicle's value over time.
  • Costs of maintenance, insurance, and registration.

Ways obtaining credit influences economic success:

  • Ability to make larger purchases like homes or cars.
  • Building a credit history that can impact future loan approvals.

Learn more about buying a car, obtaining credit here:

https://brainly.com/question/41817457


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