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gerald cooksie owns a restaurant in panama beach, florida. he has arranged a business loan with the bank where he has his business account. the terms of the loan allow him to borrow up to $13,500 within
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gerald cooksie owns a restaurant in panama beach, florida. he has arranged a business loan with the bank where he has his business account. the terms of the loan allow him to borrow up to $13,500 within the next year if the bank has funds available to lend; he must pay interest only on the unpaid loan balance. cooksie has arranged

User YaOg
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Answer: a line of credit must be established

Step-by-step explanation:

User Andrewrk
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