28 Multiple Choice 1 point What is a hidden cost of using installment plans to pay for items? You can face legal issues because installment payments are not considered legitimate payments in some states You can only use installment plans for large, expensive items so you have to pay more for the items you want You may be tempted to purchase more than you otherwise would have because the cost appears low, but the total cost is very high You might not be paying enough each time to cover the full price of your items and get hit with a fee

## Step 1<br />The question is asking about the hidden cost of using installment plans to pay for items. The hidden cost refers to the additional cost that is not immediately apparent when using installment plans.<br /><br />## Step 2<br />The options provided are:<br />- You can face legal issues because installment payments are not considered legitimate payments in some states.<br />- You can only use installment plans for large, expensive items so you have to pay more for the items you want.<br />- You may be tempted to purchase more than you otherwise would have because the cost appears low, but the total cost is very high.<br />- You might not be paying enough each time to cover the full price of your items and get hit with a fee.<br /><br />## Step 3<br />The first option is not a hidden cost but a potential legal issue that may arise from using installment plans.<br /><br />## Step 4<br />The second option is not a hidden cost but a limitation of installment plans.<br /><br />## Step 5<br />The third option is a hidden cost. When using installment plans, the cost of the item may appear low because it is divided into smaller payments. However, the total cost of the item is very high when all the payments are added together.<br /><br />## Step 6<br />The fourth option is not a hidden cost but a potential consequence of not paying enough each time.