Multiple Choice
Fully amortised means:
A) periodic repayment on a loan that reflects only principal over the life of the loan
B) a repayment on a loan with varying amounts that reflects part interest and part principal over the life of the loan
C) an equal periodic repayment on a loan that reflects part interest and part principal over the life of the loan
D) None of the listed options are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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