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Which of the following is not an element of installment credit?

A. Fixed loan amount
OB. Repayment schedule
C. Line of credit
D. Fixed payment
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2 Answers

3 votes

Answer:

I believe it's A. An installment credit has an interest rate, repayment terms and fees, and fixed payment.

User Tzali
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4 votes

Answer:

C.line of credit

Step-by-step explanation:

User Robyne
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