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    Exam 7: Using Consumer Loans
  5. Question
    A(n)_____ Loan Is a Loan That Is Repaid in a Series
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A(n)_____ Loan Is a Loan That Is Repaid in a Series

Question 43

Question 43

Multiple Choice

A(n) _____ loan is a loan that is repaid in a series of fixed,scheduled payments rather than in a lump sum.


A) interim
B) single-payment
C) installment
D) standard
E) consolidated

Correct Answer:

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