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marta [7]
2 years ago
14

The characteristic of a loan that allows, at the end of the term, that the entire debt is paid off

Law
1 answer:
Lemur [1.5K]2 years ago
8 0

Answer:

A fully amortized loan is FULLY paid off at the end of the loan term. ... An amortized loan requires monthly payments, of the same amount, that are sufficient to pay the loan in full during a specified term.

Explanation:

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