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Question 12 (1 point) A loan that is repaid in equal payments over its life with each payment including a portion of interest and principal

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Question 12 (1 point) A loan that is repaid in equal payments over its life with each payment including a portion of interest and principal is: a) a lump sum loan Ob) an uneven cash flow loan Oc) a balloon loan d) an amortized loan

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