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    Paying Off Long-Term Debt by Making Installment Payments Is Called
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Paying Off Long-Term Debt by Making Installment Payments Is Called

Question 107

Question 107

Multiple Choice

Paying off long-term debt by making installment payments is called:


A) foreclosing on the debt.
B) amortizing the debt.
C) funding the debt.
D) calling the debt.
E) None of these.

Correct Answer:

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