Question

Kathy purchased a $2,000 digital TV from Young's Appliances. She will make 12 equal payments over the next year to pay for it. She is using: A. closed-end credit. B. open-end credit. C. revolving check credit. D. a line of credit.

Answer 1

A. Closed end credit

Step-by-step explanation:

I got it right on the test

Answer 2

Hi there :-)

The answer is
A) closed-end credit

Hope it helps