Installment accounts are B. Revolving payment. An example of an installment account is a mortage or a car loan. When you buy a home or car and set these up on loans, they are payments that are paid in installments monthly. These loans do not have to be paid in full and do not fluxtuate in price as long as it is paid each month. These accounts are common for high priced items that is a long-term investment.
