Business, 14.03.2020 01:14 bajus4121

Binder and Sons borrowed $138,000 for three years from their local bank and now they are paying monthly payments that include both principal and interest. Paying off debt by making installments payments, such as Binder and Sons is doing, is referred to as:A. foreclosing on the debutB. amortizing the debtC. calling the debtD. refunding the debt

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Binder and Sons borrowed $138,000 for three years from their local bank and now they are paying mont...

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