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m1oduncanurlee
m1oduncanurlee m1oduncanurlee
  • 08-06-2016
  • Business
Answered

Which of the following is an example of long-term debt?

ACar maintenance
BProperty taxes
CCredit card balance
DHome equity loan

Verified Answer :

taskmasters
taskmasters taskmasters
  • 08-06-2016

Home equity loan is an example of long term debt among the choices provided in the question. The correct option among all the options that are given in the question is the last option or option "d". Long term debts are the type of debts that are not needed to be paid within a years time. I hope this helps.

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