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If you borrow OMR 100,000 at an annual rate of 8.00% for a 10-year period and repay with 10 equal annual end-of-the-year payments of OMR

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If you borrow OMR 100,000 at an annual rate of 8.00% for a 10-year period and repay with 10 equal annual end-of-the-year payments of OMR 14,902.95, then you have just repaid what type of loan? Select one: a. Interest-only loan b. Compound loan c. Amortized loan d. Pure discount loan

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