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What is a loan? Select the correct answer. A An agreement where the borrower gives the lender a principal sum to be repaid over a
What is a loan?
Select the correct answer.
An agreement where the borrower gives the lender a principal sum to be repaid over a specified timeline
An agreement where the lender gives the borrower a principal sum to be repaid over a specified timeline
An agreement where everyone shares the sum of money over a specified timeline
An agreement where the borrower and the lender agree to divide the sum of money over a specified timelineWhat is a loan?
Select the correct answer.
An agreement where the borrower gives the lender a principal sum to be repaid over a specified timeline
An agreement where the lender gives the borrower a principal sum to be repaid over a specified timeline
An agreement where everyone shares the sum of money over a specified timeline
An agreement where the borrower and the lender agree to divide the sum of money over a specified timeline
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