Examlex
Fill in the correct labels for the following figure using the word bank below.
-F _________
Fixed Monthly Payments
Regular, unchanging payments made each month for a period of time, often used in loans and lease agreements.
Promissory Note
An investment vehicle that features a concrete promise by one entity to pay a definitive money amount to another, either upon solicitation or on a specified date.
Legal Due Date
The specific date by which a legal obligation must be satisfied, such as the payment of debts or completion of contractual duties.
Principal
The original sum of money borrowed in a loan or the amount of the investment.
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