Topic 6 Test: Personal Budgets and Spending Choices

Option A: Buy the laptop now using a Buy Now, Pay Later (BNPL) scheme, splitting the cost into 4 monthly payments of £300. If she misses a payment, a £12 late fee applies plus 24% APR interest on the remaining balance.
Option B: Continue saving £150 per month for 8 more months until she has enough to buy the laptop outright without borrowing.

Instructions: Answer all questions by selecting one option for each. When you have finished, click "Submit Test" to see your results. A PDF certificate will be automatically downloaded with your score.