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Blizzard [7]
2 years ago
6

What is an installment plan?

History
1 answer:
Ainat [17]2 years ago
3 0

Explanation:

An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years.

<em>Hope this helps, please mark BRAINLIEST.</em>

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