Question: You just borrowed $ 3 , 0 0 0 from your bark and agreed to repay the interevt on an annual bavis. The principal will

You just borrowed $

3, 000

from your bark and agreed to repay the interevt on an annual bavis. The principal will be repaid all as once at the end of three yeas, what type of loan did you obrent

.

Interest

-

only

.

pure discount

.

Amortised

4 .

Perpeneal

.

Lump sum

You just borrowed $ 3 , 0 0 0 from your bark and

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