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Title: If you borrow $100,000 at an annual rate of 8.00% for a 10-year period and repay the interest of ... Post by: stranahan on Nov 20, 2016 If you borrow $100,000 at an annual rate of 8.00% for a 10-year period and repay the interest of $8,000 at the end of each year prior to maturity and the final payment of $108,000 at the end of 10 years, then you have just repaid what type of loan?
A) Interest-only loan B) Discount loan C) Compound loan D) Amortized loan Title: Re: If you borrow $100,000 at an annual rate of 8.00% for a 10-year period and repay the interest of ... Post by: monkfuzzy on Nov 20, 2016 Content hidden
Title: Re: If you borrow $100,000 at an annual rate of 8.00% for a 10-year period and repay the interest of ... Post by: stranahan on Jan 6, 2017 Thanks ^-^
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