Which of the Following Is an Example of a Non-Installment

question 17

Multiple Choice

Which of the following is an example of a non-installment loan?

• A) Credit card
• B) 30-year mortgage
• C) Bridge loan
• D) 5-year auto loan
• E) Home equity line of credit

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Definitions:

CaCO3

Calcium carbonate, a chemical compound found in rocks as the minerals calcite and aragonite, and is the main component of pearls, as well as marine organisms' shells.

CO2

Carbon Dioxide, a colorless, odorless gas produced by burning carbon and organic compounds and by respiration.

CaO

Calcium oxide, a white, caustic, alkaline crystalline solid commonly known as quicklime, used in cement production and various chemical processes.

Liters

A metric unit of volume equal to one cubic decimeter, commonly used to measure liquids and gases.