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Jerry McGuire Uses His Visa Card to Buy a New

Question 138

Multiple Choice

Jerry McGuire uses his Visa card to buy a new washer and dryer and a new refrigerator for his home.He plans on paying off the credit card over the next two years.How is Jerry using his credit card?


A) As an installment loan
B) As a noninstallment loan
C) As a lump sum payer
D) As a debit card
E) None of the options is correct

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