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Which of the following represent the use of credit?

A. Home mortgage
B. Demand deposits
C. Time deposits
D. ATM withdrawals

User Oatsoda
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1 Answer

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Final answer:

A a. home mortgage represents the use of credit.

Step-by-step explanation:

The use of credit can be represented by A. Home mortgage.

A home mortgage is a form of credit where a bank or lender provides funds to a borrower to purchase a home, and the borrower repays the loan over time with interest. This allows the borrower to use the home before fully paying for it.

User Demaksee
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