Which Type(s)of Loan Repays the Interest as an Annuity and the Principal

question 58

Multiple Choice

Which type(s) of loan repays the interest as an annuity and the principal as a lump sum?

• A)Pure discount loans
• B)Both amortized and interest-only loans
• C)Amortized loans
• D)Both interest-only and amortized loans
• E)Interest-only loans

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Definitions:

Exotic Species

are species that are introduced into a new habitat where they are not naturally found, often causing ecological disruption.

Habitat Destruction

The process by which natural habitat is rendered unable to support the species present, leading to reduced biodiversity.

Commercial Harvesting

The large-scale collection of resources from nature, such as fish or timber, for commercial purposes.

Habitat Fragmentation

The division of habitats that formerly occupied large, unbroken areas into smaller pieces by roads, fields, cities, and other human land-transforming activities.