Which one of the following financing methods provides a float period?
A)Installment loan
B)Credit card
C)Lump-sum loan
D)Home equity line of credit
E)Auto loan

Name: Which one of the following financing methods provides a float period? A)Installment loan B)Credit card C)Lump-sum loan D)Home equity line of credit E)Auto loan
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Credit cards provide a float period, which is the time between making a purchase and when the payment is due, allowing the user to use funds without immediate repayment.

Which One of the Following Financing Methods Provides a Float