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Jennifer Garner Purchases a Sofa,love Seat and Reclining Chair for Her

Question 139

Multiple Choice

Jennifer Garner purchases a sofa,love seat and reclining chair for her family room and will make payments of $65 per month for the next twenty-four months.What type of credit did Jennifer use?


A) installment sales credit
B) installment cash credit
C) single lump sum credit
D) revolving credit
E) incidental credit

Correct Answer:

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