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Carly and Jason Both Are Buying New IPhones This Week

question 161

Multiple Choice

Carly and Jason both are buying new iPhones this week. Carly goes to the Apple store because she wants to actually see the phone before she makes a final decision. Jason knows that he does not need to see the phone, because he just wants to update from his older version. He simply orders it online. Carly is purchasing her phone through_____, while Jason is purchasing his through ___.


Definitions:

Surplus Cash

Excess funds that a business or individual has, which are not needed for immediate operational expenses or reserved funds.

Settle Its Debt

The action or process by which an entity fulfills its financial obligations, clearing outstanding liabilities.

Interest Owed

The amount of interest that has been incurred on a loan or debt but has not yet been paid.

Missing Value

A data point that is lost or not recorded in a dataset.

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