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Advantages of using credit are all of the following, except
Retirement
The point in time when an individual chooses to leave the workforce permanently, usually associated with reaching a certain age or financial security.
Par Value
The face value of a bond or the stock value stated in the corporate charter, which is typically a minimal amount not reflective of the market value.
Installment Note
A debt instrument that requires a series of payments over time, often including both interest and principal.
Annual End-Of-Year
A term typically referring to financial transactions or reports that are calculated, summarized, or finalized at the end of the fiscal year.
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