Elizabeth7173
Elizabeth7173 Elizabeth7173
  • 24-05-2019
  • Arts
contestada

how is a line of credit simmilar to a credit card​

Respuesta :

jack17espinoza
jack17espinoza jack17espinoza
  • 24-05-2019

Answer:

With a regular loan, you're issued a certain amount of money, and charged interest on that amount until you repay the loan in full. A line of credit however, provides you with a credit limit (similar to a credit card) that you can borrow from, while only paying interest on the amount you use.

Explanation:

well basically the answer is also the explanation

Answer Link

Otras preguntas

Name two modern technologies that help us to monitor cyclones.
What were the two main reasons Spain sent expeditions to the Americas?
Why have stone tools survived the best ?
In monocots the endosperm is a large portion of the seed, while in dicots this structure is virtually absent. Explain the absence of the endosperm in dicots
Which is the number, which when squared and added to 12 becomes seven times its value ?
Name two modern technologies that help us to monitor cyclones.
difference between epidermis and cork?
What are the factors on which pressure of liquids depends??
Any number that is divisible by 3 is also divisible by 6.Find a counterexample to show that the conjecture is false. 21182412
Any number that is divisible by 2 is also divisible by 8.Find a counterexample to show that the conjecture is false.24322816