Question: What does loan amortization refer to ? O a . A loan where only interest is paid until the final lump sum payment b .

What does loan amortization refer to?O a. A loan where only interest is paid until the final lump sum payment b. The process of repaying borrowed funds over time with scheduled paymentsO c. A loan where the principal remains unpaid indefinitelyO d. A loan where the interest payments increase over time

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