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Given the following three points, (-14, 8) , (-7, 8) , (-7, 16) ,
Which of the following statements is true?
Open Charge Account
A type of credit account that allows customers to make purchases up to a pre-approved limit and pay for them at a later date.
Installment Account
A credit account where the borrower repays the principal and interest in regular, scheduled payments.
Line of Credit
A flexible loan arrangement with a financial institution that allows a borrower to draw funds up to a specified limit as needed.
Outdoor Advertising
Advertising that reaches consumers while they are outside their homes, including billboards, transit posters, and digital signage.
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