Question: You just borrowed $ 3 , 0 0 0 from your bank and agreed to repay the interest on an annual basis and the principal

You just borrowed $3,000 from your bank and agreed to repay the interest on an annual basis and the principal at the end of three years. What type of loan did you obtain?
Interest-only
Amortized
Perpetual
Pure discount
 You just borrowed $3,000 from your bank and agreed to repay

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