Read the information given below and select the correct option -
Terms of credit includes only rate of interest and collateral securities.
Over the years his debt will –
a) Increase - because of increasing interest and non-payment of monthly amount
b) Remain constant - as he is working for the employer but is repaying less
c) Reduce - as amount equivalent to his salary is being counted as monthly repayment
d) Be totally repaid - as he is repaying the debt in the form of physical labour.fassttt guyyyss
Answers
Answered by
2
Answer:
a) increase because of increasing interest and non payment of monthly amount
Answered by
2
Answer:
a) Increase - because of the increasing interest and non-payment of monthly amount.
Similar questions