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Sheila recently bought a new car. She was able to finance her purchase with a loan from her credit union that required her to make
Sheila recently bought a new car. She was able to finance her purchase with a loan from her credit union that required her to make monthly payments for the next five years. Which of the following types of loans did Sheila likely receive?
Group of answer choices:
a. installment loan
b. bullet loan
c. direct lease loan
d. working capital loan
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