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

the total cost of 3 tables & 2 chairs is rs 1850 ...if a table RS 75 more than a chair ,find the price of each ?
do you know 10(55-1000)/90+2=?
What year did the Mayflower sail the ocean blue?
Find the 6th term in the expanded form of the equation (2x+y)^9
what does 'secret, black and midnight hags' mean in shakespeare?
if the minimum velocity of a projectile is double the minimum velocity,the angle of projection is
What is the fraction 18/24 reduced to its lowest terms? A. 9/12 B. 3/4 C. 24/18 D. 18/24
You have 5 pounds and 10 ounces of laundry. Your washer has a capacity of 7 pounds. How many more ounces of laundry would you need to make a full load?
how do u express a ratio as a decimal
Jim, Carla and Tomy are members of the same family.  Carla is 5 years older than Jim.  Tomy is 6 years older than Carla.  The sum of their 3 ages is 31 years. H