natewestly568 natewestly568

14-09-2020
Business

contestada

A loan where the borrower receives money today and repays a single lump sum on a future date is called a(n) _____ loan.
A. amortized
B. continuous
C. balloon
D. pure discount
E. interest-only

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jacobson2207 jacobson2207

14-09-2020

The answer is A. amortized

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