Question 26 (1 point) What is revolving credit? Credit that lets the borrower choose how much of the credit to use and when to pay it Credit when the borrower makes regular monthly payments Credit that requires payment in full on a specific date Credit that is paid all at once, in a single payment Question 27 (1 point) Which of the following is a way to use credit responsibly? Paying only the minimum payment each month Understanding the account's interest rate Paving attention to the ApR and not the APY Opening several different credit accounts

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**Question 26 Answer:** Credit that lets the borrower choose how much to use and when to pay. **Question 27 Answer:** Understanding the account's interest rate. **Explanation:** Revolving credit allows flexible borrowing and repayment, while responsible credit use involves knowing the interest rates.

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