25
QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 25 • Personal Finance - Math/Sci Elective (half credit)

Which is a desirable characteristic when choosing a line of credit?

Answer
A
rewards program
B
annual fee
C
amount of down payment
D
amount of collateral

Explanation

A rewards program is a desirable feature because it can provide benefits for using the line of credit. An annual fee is a cost, while a down payment and collateral are requirements or terms rather than added benefits.

AI-written and checked against the verified answer.

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