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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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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
14th edition
978-1305887725, 1305887727, 1305636619, 978-1305636613
