A loan that is repaid on monthly, quarterly and annual basis in equal payments is classified as Options: A . &nbspamortized loan B . &nbspdepreciated loan C . &nbspappreciated loan D . &nbsprepaid payments

A loan that is repaid on monthly, quarterly and annual basis in equal payments i

Question

A loan that is repaid on monthly, quarterly and annual basis in equal payments is classified as

Options:

A . amortized loan

B . depreciated loan

C . appreciated loan

D . repaid payments

Answer: Option A
Answer: (a).amortized loan

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