quiz: post - session 4.1: what is credit? 178194.11 question 1 (1 point) what is credit? the amount…

quiz: post - session 4.1: what is credit? 178194.11 question 1 (1 point) what is credit? the amount, including interest, a borrower repays the interest paid on an item bought with a credit card the cost of interest and fees over the life of the loan the report used to decide whether or not to extend a loan

quiz: post - session 4.1: what is credit? 178194.11 question 1 (1 point) what is credit? the amount, including interest, a borrower repays the interest paid on an item bought with a credit card the cost of interest and fees over the life of the loan the report used to decide whether or not to extend a loan

Answer

Brief Explanations:

Credit refers to the amount, including interest, that a borrower repays when using credit - such as buying an item with a credit card. It encompasses the principal amount and the additional charges like interest.

Answer:

the amount, including interest, a borrower repays