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martin used his credit card to buy a new bike. which statement is true?…

Question

martin used his credit card to buy a new bike. which statement is true?
○ martin borrowed money to buy the bike.
○ martin paid cash at the store.
○ martin used money from his checking account.
○ martin saved money over time.

Explanation:

Brief Explanations

Using a credit card means the card issuer lends money to the user for the purchase, which the user later repays. The other options are incorrect: paying cash, using a checking account, and saving money over time do not describe credit card usage.

Answer:

A. Martin borrowed money to buy the bike.