Question: Sarah would like to borrow $ 3 5 , 0 0 0 to use in the event of an emergency. Which of the following types

Sarah would like to borrow $35,000 to use in the event of an emergency. Which of the following types of credit would be best suited for this event?
A closed installment loan
An open revolving Line of Credit
A Closed revolving Line of Credit
A $35,000 mortgage that amortized over 10 years.

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