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The Type of Credit That Allows the Use of One

question 9

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The type of credit that allows the use of one credit instead of many to be used with the maximum amount available during a certain period of time is called:


Definitions:

Form W-3

A tax form used in the United States to transmit a summary of W-2 forms to the Social Security Administration.

Deposit

A sum of money placed in an account or with a party as a part of a financial transaction, often securing a service or as a part of a purchase agreement.

W-2 Form

An annual tax form used in the United States to report wages paid to employees and the taxes withheld from them.

Net Pay

The amount of money that an employee takes home after all deductions, such as taxes and retirement contributions, have been subtracted from their gross pay.

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