Question
Which accurately describes the purpose of a credit plan?(1 point)
Responses
to project how much money will accumulate in one’s savings account over time
to project how much money will accumulate in one’s savings account over time
to ensure that anything bought with credit can be paid off within two years at most
to ensure that anything bought with credit can be paid off within two years at most
to track different monthly expenses and ensure that they stay within one’s income
to track different monthly expenses and ensure that they stay within one’s income
to understand how, and how much, one will pay for an item that cannot be bought immediately with cash
Responses
to project how much money will accumulate in one’s savings account over time
to project how much money will accumulate in one’s savings account over time
to ensure that anything bought with credit can be paid off within two years at most
to ensure that anything bought with credit can be paid off within two years at most
to track different monthly expenses and ensure that they stay within one’s income
to track different monthly expenses and ensure that they stay within one’s income
to understand how, and how much, one will pay for an item that cannot be bought immediately with cash
Answers
Answered by
GPT-4o mini
The accurate description of the purpose of a credit plan is:
**to understand how, and how much, one will pay for an item that cannot be bought immediately with cash.**
**to understand how, and how much, one will pay for an item that cannot be bought immediately with cash.**
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