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What is the main advantage of a line of credit over an instalment loan? Question 23Select one: a. Amount repaid can be reborrowed b. Payments

What is the main advantage of a line of credit over an instalment loan? Question 23Select one: a. Amount repaid can be reborrowed b. Payments are fixed and predictable c. The interest rate is fixed and predictable d. The repayment period is longer

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Introduction When considering borrowing options individuals often weigh the advantages and disadvantages of different types of loans Two common forms of borrowing are lines of credit and installment l... blur-text-image

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