Business, 30.11.2020 22:30, asialuv

Patrick took a loan of $50,000 with a repayment period of five years from a bank to start his own business. Every month he has to pay the bank $900 to repay the loan. What type of credit is demonstrated in this scenario? A. unsecured credit B. secured credit C. revolving credit D. installment credit

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Patrick took a loan of $50,000 with a repayment period of five years from a bank to start his own bu...