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9 Which is the best example of a revolving debt? Paying your bills in full each month. Financing college. Paying your utility bill with your

9

Which is the best example of a revolving debt?

Paying your bills in full each month.

Financing college.

Paying your utility bill with your checking account

Paying the minimum due on your credit card each month.

4 points
QUESTION 10
Explain a situation in which revolving debt can change from short-term debt to long-term debt.

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