Questions LLC
Login
or
Sign Up
Ask a New Question
Personal Finance
Debt
Types of Debt
Mortgage payments and student loans are examples of... (1 point) Responses assets assets credit credit collateral collateral income
what is correct
1 answer
The correct answer is credit. Both mortgage payments and student loans typically involve borrowing money, which creates a credit obligation to be paid back over time.
You can
ask a new question
or
answer this question
.
Related Questions
Use the table to answer the question.
Assets Value Car $36,000 Computer $1,115 Savings account $27,844 Retirement savings $90,291
Constructing the table, what are the total value of assets, total balance of liabilities, and net worth?(2 points)
Assets Value
Which term describes the situation faced by people who cannot repay their loans?%C2%A0(1 point) Responses bankruptcy%C2%A0
Financial Statements Quick Check
4 of 5 4 of 5 Items Question Use the table to answer the question. Assets Value Car $36,000
Amaya used all open sourced assets in a game but still wants to give credit to the creators of the assets how should
What are Cyndi’s total assets and total liabilities based on her assets and liabilities record?(1 point) Assets Value Car
Which type of credit typically gives debtors the most time to repay money they have borrowed? (1 point) Responses car loans car
Which type of credit typically gives debtors the most time to repay money they have borrowed?
(1 point) Responses car loans car
Constructing the table, what are the total value of assets, total balance of liabilities, and net worth?(2 points) Assets Value
Which type of credit typically gives debtors the most time to repay money they have borrowed?
(1 point) Responses A. car loans B.