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Question 7 10 pts Revolving loans are credit lines whose interest rate adjusts with movements in an underlying market index interest rate. that include new

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Question 7 10 pts Revolving loans are credit lines whose interest rate adjusts with movements in an underlying market index interest rate. that include new and used automobile loans, mobile home loans, and fixed-term consumer loans. that allow the borrower to borrow the repeat credit only after the first loan is repaid. on which a borrower can both draw and repay many times over the life of the loan contract

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