Which Type of Loan Involves Regular Repayments Which Include Principal

question 62

Multiple Choice

Which type of loan involves regular repayments which include principal and interest?

• A)Bond.
• B)Commercial Bill.
• C)Principle-and-Interest loan.
• D)Interest-Only Loan.

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Definitions:

Natural Selection

A process in evolution by which organisms that are better adapted to their environment tend to survive longer and transmit more of their genetic characteristics to succeeding generations.

Evolution

The process through which species of organisms undergo change over time through variations in hereditary traits and natural selection.

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