AFP
CTP · Question #89
(Topic 1) interest and principal, the loan is often referred to as a:
The correct answer is A. single payment note.. See the full explanation below for the reasoning.
Question
- (Topic 1)
interest and principal, the loan is often referred to as a:
Options
- Asingle payment note.
- Bmaterial payment note.
- Cballoon payment note.
- Dcommercial note.
How the community answered
(38 responses)- A76% (29)
- B13% (5)
- C8% (3)
- D3% (1)
Community Discussion
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