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amortized or a balloon payment loan is that? A. the loan can be extended at prevailing interest rates, B. monthly payments are relatively small, C

amortized or a balloon payment loan is that?

A. the loan can be extended at prevailing interest rates,

B. monthly payments are relatively small,

C..at the end of the term no interest or principal is due,

D.the portion applied to the payment of interest increases over time

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