Question: answer options are: balloon payment lump sum payment equal total payments equal principal payments For a 5 year loan at a 6% interest rate, the

answer options are:
balloon payment
lump sum payment
equal total payments
equal principal payments
answer options are: balloon payment lump sum payment equal total payments equal

For a 5 year loan at a 6% interest rate, the following table shows which type of repayment schedule

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