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tangare [24]
2 years ago
14

The type of credit that requires borrowers to carefully manage debt so that is doesn’t get out of control is revolving the credi

t. The customer can purchase anything they want up to a certain amount each month, and if the borrower does not carefully manage their revolving credit, it could get out of control.
English
1 answer:
sergij07 [2.7K]2 years ago
7 0

Answer:

In "revolving credit", the bank allows you to borrow money up to a specific amount, which is your "credit".

Revolving credit is a credit extension where the client pays a dedication charge to a budgetary organization to acquire cash, and is then permitted to utilize the assets when required. It as a rule is utilized for working purposes and the sum drawn can change every month contingent upon the client's present income needs. Revolving credit extensions can be taken out by companies or people.  

Explanation:

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Answer:1. The tradition began with the store's original owner, Margot Thistle, in her desire to keep the hope and excitement of the New Year alive.

2. However, Margot's daughter began to skimp on costs.

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4. Margot and Andre were thrilled to once again give their community a magical winter experience at the start of each year.

Explanation:

A summary is a short, clear description that contains the main ideas and facts about something, for example, a literary text. A literary text tells a story, so it's important to make sure that the summary includes the key points of the story, such as its main characters, the central conflict, the way the conflict is resolved, and the conclusion.

Here we have three main characters: Margot Thistle, her daughter, and her grandson, Andre. Each of them needs to be mentioned: Margot as the creator of the tradition, her daughter as the one who endangers it by skimping on costs (the conflict), and Andre, who helps Margot restore it (the way the conflict is resolved). In the end, we see Margot and Andre happy to serve their community (the conclusion).

Thus, the following sentences should be included in the summary of this story:

The tradition began with the store's original owner, Margot Thistle, in her desire to keep the hope and excitement of the New Year alive.

However, Margot's daughter began to skimp on costs.

With the help of her grandson, Andre, she rebuilt the toy store and its New Year’s display into a fantastical delight.

Margot and Andre were thrilled to once again give their community a magical winter experience at the start of each year.

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Explanation:

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