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Question
question 8 of 20
raoul buys a new cell phone with his credit card. this new charge means his
debt will
a. disappear
b. decrease
c. increase
d. stay the same
Brief Explanations
When using a credit card to make a purchase (like buying a cell phone), it represents borrowing money. Borrowing money adds to one's debt. So, a new charge on the credit card will lead to an increase in debt.
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C. increase