Question

which word or phrase describes an item owned by a person that is worth money or has value? installment plan asset credit interest

Explanation:

• "Installment plan" is a payment method, not an item of value.
• "Asset" is defined as an item owned by a person (or entity) that has monetary or intrinsic value.
• "Credit" refers to a borrowing arrangement or trust in financial terms, not a valuable item.
• "Interest" is the cost of borrowing money or earnings on investments, not a valuable item.

Answer:

B. asset