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Nadya [2.5K]
3 years ago
7

Match the terms to their correct meaning

Business
1 answer:
nydimaria [60]3 years ago
6 0

Answer: The terms that match with this meanings are:

1. APR charge for borrowing money  = <u>FINANCE CHARGE.</u>

2. Interest rate that does not change  = <u>FIXED RATE.</u>

3. Closing costs fees required if loan is paid off before the end of its original term  = <u>PREPAYMENT PENALTIES.</u>

4. Down payment a loan based on the value of the real estate it is used to purchase = <u>MORTGAGE.</u>

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