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Which type of loan would result in an increasing principal balance over the loan term? a) ARM (adjustable rate mortgage) loan Ob) fully amortizing loan
Which type of loan would result in an increasing principal balance over the loan term? a) ARM (adjustable rate mortgage) loan Ob) fully amortizing loan c) negatively amortizing loan d) no loans exist which result in an increasing principal balance e) partially amortizing loan
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