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Business, 18.03.2021 07:50 Yasminl52899

Which of the following statements are true of an installment loan? 1) the term is much longer than other loans

2) lower interest rates are charged to borrowers

3) is technically an unsecured loan

4) has a fixed number of payments in equal amounts

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Answers: 2

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Which of the following statements are true of an installment loan? 1) the term is much longer than...
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