Service credit entails which of the following characteristics?
O
Borrowing a specific amou...
Business, 06.05.2020 06:00 jdkrisdaimcc11
Service credit entails which of the following characteristics?
O
Borrowing a specific amount of cash to repay later by a set date
O
An interest rate that is typically high because the balance is carried over each month
O Making regular payments to repay the amount owed by a set date
O
Variable payments based upon use (for example, electricity) or late/overuse fees (for example, a cellphone
plan)
Answers: 1
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