Examlex
A document contains a list of items that appear in no particular order.Which of the following is the best way to format the list?
Loan to Value Ratio
A financial term employed by lenders that denotes the ratio between a loan amount and the value of an asset acquired.
Down Payment
An initial payment made when something is bought on credit.
Compounded Quarterly
A method of calculating interest where it is added to the principal amount every three months.
Amortized
The process of paying off a debt through regular payments over a period of time, where each payment covers both interest and a portion of the principal amount.
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