Scenario 3 Jason is an honors pre-med student at the state university. He is on a very limited budget. Each semester, he charges his tuition and fees. He pays for his books with money in his savings account, which has only $30 left. One of his professors strongly recommended that he purchase books on an optional reading list that cost $250 to better prepare him for medical school entrance exams. A high score on the entrance exam may help Jason get a scholarship to attend medical school. 1) What decision is he trying to make? 2) What are his alternatives 3) What is the benefit of using credit? 4) What is the cost of using credit? 5) What would you advise him to do? Explain you answer You must start a thread before you can read and reply to other threads