In contrast to revolving credit, installment credit loans allow a borrower to do which of the following? A to borrow funds continually B to borrow funds interest free C to borrow funds one time D to borrow funds tax free

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter4: Going Into Debt
Section: Chapter Questions
Problem 23AA
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In contrast to revolving credit, installment credit loans allow a borrower to do which of the following?
A to borrow funds continually
B
C
D
to borrow funds interest free
to borrow funds one time
to borrow funds tax free
Transcribed Image Text:In contrast to revolving credit, installment credit loans allow a borrower to do which of the following? A to borrow funds continually B C D to borrow funds interest free to borrow funds one time to borrow funds tax free
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