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Question 12 (0.2 points) Saved Keith borrowed $2,500 today. The loan agreement requires him to repay $2,685 in one lump sum payment one year from

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Question 12 (0.2 points) Saved Keith borrowed $2,500 today. The loan agreement requires him to repay $2,685 in one lump sum payment one year from now. This type of loan is referred to as a(n): 1) pure discount loan 2) quoted rate loan. 3) compound interest loan. 4) interest-only loan. 5) amortized loan. View hint for Question 12 > Print Download ct in ePortfolio Activity Details u have viewed this topic sited Sep 20, 2020 3:31 PM

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