Which One of the Following Terms Is Used to Describe

question 127

Multiple Choice

Which one of the following terms is used to describe a loan that calls for periodic interest payments and a lump sum principal payment?

• A)amortized loan
• B)modified loan
• C)balloon loan
• D)pure discount loan
• E)interest-only loan

---

Definitions:

Challenging Situation

Any circumstance or scenario that requires significant effort, skill, or resources to navigate successfully.

Individual Therapy

A form of psychotherapy where treatment is conducted on a one-on-one basis, focusing on the specific needs and challenges of the individual.

Fear Of School

An extreme apprehension or anxiety about attending school, which can interfere with a child's education and social development.

Peer Relations

Refers to the relationships that individuals have with their equals, such as friends, classmates, and colleagues, and how they interact within these relationships.