When purchasing goods or services, most consumers have a choice of using cash or a credit card. Credit cards are very convenient.Credit cards charge interest, which is an additional charge on whatever the product or service costs. If a credit card user doesn’t pay his bill immediately, the interest compounds (increases), which can make an everyday purchase turn into long-term debt. On the other hand, using cash means a person is only using only money he has and is not accumulating debt to pay in the future. What is a difference between cash and credit cards?
A: cash leaves you with no interest and credit cards have interest
B: one is paper and one is bigger paper
C: None of the above