A loan that is repaid in a series of fixed, scheduled payments rather than a lump-sum is referred to as:

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answerhappygod
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A loan that is repaid in a series of fixed, scheduled payments rather than a lump-sum is referred to as:

Post by answerhappygod »

A loan that is repaid in a series of fixed, scheduled payments rather than a lump-sum is referred to as:

A. Single payment loan
B. Mortgage loan
C. Installment loan
D. College savings plan
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