Solved

Alexis Downs Uses Her Credit Card to Buy Furniture but Pays

Question 124

Multiple Choice

Alexis Downs uses her credit card to buy furniture but pays off the credit card at the end of the month before she incurs any interest costs.How is Alexis using her credit card?


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents