mistyslayter mistyslayter
  • 22-05-2020
  • Mathematics
contestada

What is an open line of credit?

Respuesta :

Аноним Аноним
  • 26-05-2020

Answer:

A line of credit is often considered to be a type of revolving account, also known as an open-end credit account. This arrangement allows borrowers to spend the money, repay it, and spend it again in a virtually never-ending, revolving cycle.

Step-by-step explanation:

hope this helps!!!

Answer Link

Otras preguntas

2n2-24n+72 factor completely
Lisa’s house was appraised at $115,000. she still owes $42,000 on her mortgage loan. how much equity does lisa have in her house?
How many steam engines were their in England? In which industry were they used?
All of the following goods were important in early inter-island trading except __________. A. shells B. copper C. spices D. feathers
George plays basketball in a week long camp On day 2 he scored 8 points On day 4 he scored 12 points Explain how to measure his average rate of change
On five lane roadways, the center lane is designated for __________ and is used by vehicles traveling in both directions.
phytoplankton play an important role in which following biogeochemical cycles
Why does young goodman brown first venture into the woods?
A 13.00 g sample of a compound contains 4.15 g potassium (k), 3.76 g chlorine (cl), and oxygen (o). calculate the empirical formula.
Identify intervals on which the function is increasing, decreasing, or constant. g(x) = 1 - (x - 6)^2. a) increasing: x>1; decreasing: x<1 b) increasi