Question: Installment loan Installment loan drop zone empty. Loan with lump - sum principal payment at maturity Loan with lump - sum principal payment at maturity
Installment loan
Installment loan drop zone empty.
Loan with lumpsum principal payment at maturity
Loan with lumpsum principal payment at maturity drop zone empty.
Periodic payment does not include a portion of principal.
Periodic payment includes interest and a portion that reduces the outstanding loan.
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