In _________ the use of single-payment loan to finance a purchase or pay bills in situations where the funds to be used for repayment are known to be forthcoming in the near future.

The correct answer is A. Interim financing. See the full explanation below for the reasoning.

Investment Management

Question

Options

AInterim financing
BInstallment loans
CCollege savings plan
DCommercial loans

How the community answered

(24 responses)

A
71% (17)
B
4% (1)
C
17% (4)
D
8% (2)

Topics

#interim financing#short-term loans#single-payment loan#credit types

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