Leigh and Jimmy bought a new set of living room furniture that cost $6,000. They plan to make monthly payments for 24 months. What type of credit plan will they most likely use to pay for their purchase?
Answer: installment account
Leigh and Jimmy bought a new set of living room furniture that cost $6,000. They plan to make monthly payments for 24 months. What type of credit plan will they most likely use to pay for their purchase?
Answer: installment account