Question: When a loan is initially made, the dollar amount of the loan should equal A. the present value of the loan interest payments where the
When a loan is initially made, the dollar amount of the loan should equal
| A. the present value of the loan interest payments where the discount rate used is the interest rate on the loan. |
| B. The sum of the loan interest payments. |
| C. the present value of the loan payments where the discount rate used is the interest rate on the loan. |
| D. the sum of the loan payments. |
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