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Select one advantage of an annuity for a lender. a.) The sum of all the payments will equal the original loan amount. b.) There is
Select one advantage of an annuity for a lender.
- a.)
The sum of all the payments will equal the original loan amount.
- b.)
There is less risk that the borrower will be unable to repay the loan.
- c.)
Annuities are repaid more quickly than other types of loans.
- d.)
The lender can recall the loan at any time.
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