Question: When students borrow money for their postsecondary education under the Canada Student Loans Program, they sign an instalment note payable. It must be repaid, starting
When students borrow money for their postsecondary education under the Canada Student Loans Program, they sign an instalment note payable. It must be repaid, starting six months after graduation, in equal monthly amounts including principal and interest. Is this a fixed or blended payment pattern?
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It is a blended payment pattern Instalment notes with ... View full answer
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