Which type of credit is used to lease a building?

A. installment Credit
Joy has been saving her earnings to make a down payment on a new car. Which loan terms will result in highest total cost for the loan?
D. 5.5 percent loan for 60 months
Anya runs a dog wash and spa service. She has to purchase basic, low-cost work supplies on a regular basis. She budgets a specific amount of money to buy these goods each month. Which type of credit would be most helpful and least risky for her?
B. secured credit card
Which type of credit is used for utilities?
C. service credit
Nafar wants to start her own business as a contract writer. To do this, she needs to build an office addition to her house. Which type of credit is she most likely to use?

Respuesta :

I agree with all of these answers, they are correct. :)
And just to add the answer to the last question, Nafar will need installment credit if she wants to build an office addition to her house.

Answer:

service credit

Explanation:

Service credit involves paying a deposit and then making payments based on consumption. This type of credit is often used to pay utility expenses, like electricity, which may vary over the course of a year.

Just finished the quiz and this is correct. hope it helps :)