Business, 04.04.2020 13:57 ashleymartinez147

Which one of the following terms is defined as a loan wherein the regular payments, including both interest and principal amounts, are insufficient to retire the entire loan amount, which then must be repaid in one lump sum?
A. Amortized loan.
B. Continuing loan.
C. Balloon loan.
D. Pure discount loan.
E. Interest-only loan.

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Which one of the following terms is defined as a loan wherein the regular payments, including both i...

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