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Which of the following is not a characteristic of a balloon loan? O A. Prior to maturity, the borrower only pays interest (usually monthly). 0

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Which of the following is not a characteristic of a balloon loan? O A. Prior to maturity, the borrower only pays interest (usually monthly). 0 8. The loan is typically 10 - 15 years in maturity. C. At maturity, the entire loan amount is due. D. All of the above are true. . Only A and C of the above are true

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