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Exam CWM_LEVEL_2 All Questions
Exam CWM_LEVEL_2 All Questions

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AAFM Chartered Wealth Manager CWM_LEVEL_2 Question # 121 Topic 15 Discussion

CWM_LEVEL_2 Exam Topic 15 Question 121 Discussion:
Question #: 121
Topic #: 15

Section A (1 Mark)

Teena Dutta wants to buy a used car and wants a loan that she will pay off over the next three years with monthly payments. What type of loan does Teena want?


A.

Residential mortgage loan


B.

Installment loan


C.

No installment loan


D.

Revolving line of credit


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