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What is the definition of an amortization loan?a. a loan that has a set term, set interest rate, and set payment amount b. a
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2. asked by kricket
3. 66 views
A restaurant manager has the option of a 30-year loan of $415,000 at an annual interest rate of 3.75% or the same interest rate
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2. asked by math
3. 72 views
You are given two choices for paying for the roof repair: loan X and loan Y.Loan X: Terms: Credit limit Cash advance Interest
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2. 73 views
A borrower received a 30-year ARM mortgage loan for $200,000. Rate caps are 3/2/6 (initialadjustment cap/periodic interest rate
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2. asked by Ann
3. 1,563 views
A borrower received a 30-year ARM mortgage loan for $200,000. Rate caps are 3/2/6 (initialadjustment cap/periodic interest rate
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2. asked by Rita
3. 1,156 views
A borrower received a 30-year ARM mortgage loan for $200,000. Rate caps are 3/2/6 (initialadjustment cap/periodic interest rate
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2. asked by Cara
3. 7,069 views
A student takes out two loans to help pay for college expenses. The total amount of money borrowed is $8050. Both loans have
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2. asked by Matilda
3. 438 views
if a loan is given for 2,500 for 1 year and the interest charged is 275 dollars what is the interest rate on the loan? how do I
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2. asked by patti help
3. 555 views
Gina has a personal loan of K12500 charged at an interest rate of 5% compounded annually. She is required to repay the loan
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2. asked by Paul
3. 118 views
Susan took out a loan for $5200 and was charged simple interest at an annual rate of10.2%. The total interest she paid on the
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2. asked by Kevin
3. 211 views