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A traditional home loan (also known as a mortgage) is best described as a(n) Select one: a. simple interest loan. b. amortized loan, with a

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A traditional home loan (also known as a "mortgage") is best described as a(n) Select one: a. simple interest loan. b. amortized loan, with a fixed payment every period. c. adjustable rate loan. d. interest only loan. e. pure discount loan. f. balloon payment loan

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