Judy is a 16-years old who just got her first job. She wants a credit card or debit card to spend money she will be earning. Judy’s parents worry about her spending money she doesn’t own, and don’t want her to accrue heavy interest. Which type of card should she get. a) Credit card with no fee b) A debit card

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter1: An Introducti On To Taxation And Understa Nding The Federal Tax Law
Section: Chapter Questions
Problem 35DQ
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Judy is a 16-years old who just got her first job. She wants a credit card or debit card to spend money she will be earning. Judy’s parents worry about her spending money she doesn’t own, and don’t want her to accrue heavy interest. Which type of card should she get. a) Credit card with no fee b) A debit card Explain your choice:
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