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Eve used her debit card to buy a bag of buttered popcorn at the county fair. The popcorn cost $5\$5.\newlineWhich statement is true?\newlineChoices:\newline(A)Eve will pay interest on her purchase.\newline(B)Eve will not pay any interest on her purchase.\newline(C)Eve will only pay interest on her purchase if she doesn't pay off her full monthly balance.

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Q. Eve used her debit card to buy a bag of buttered popcorn at the county fair. The popcorn cost $5\$5.\newlineWhich statement is true?\newlineChoices:\newline(A)Eve will pay interest on her purchase.\newline(B)Eve will not pay any interest on her purchase.\newline(C)Eve will only pay interest on her purchase if she doesn't pay off her full monthly balance.
  1. Understand Transaction Nature: Understand the nature of the transaction: Eve used her debit card to make a purchase. Debit card transactions directly withdraw money from the checking account linked to the card.
  2. Analyze Given Choices: Analyze the choices given: \newline(A) suggests interest is charged, which is not typical for debit card purchases.\newline(B) states no interest will be paid, which aligns with how debit cards work.\newline(C) implies interest could be charged under certain conditions, but this applies to credit cards, not debit cards.
  3. Select Correct Choice: Select the correct choice based on the functionality of a debit card, which does not accrue interest as it withdraws funds directly from a bank account.

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