Question

Think about what you learned about the rise of new ways to buy and sell.

Complete each sentence with the right word.
1. Credit is the ability to buy something now, with the promise to pay
2. Installments allow a person to make a purchase, then

Answer 1

Answer:The capacity to purchase a good or service with the promise to pay for it later is known as credit. With instalment payments, we can buy something and pay for it over time. If one has $100 to pay, for instance, they can do so in instalments by paying perhaps $10 every week.

Step-by-step explanation: