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Iris is looking for a short-term mortgage that will allow her to pay fixed payments at a relatively low fixed interest rate during the life of the mortgage and one large payment at the end of the term.What kind of mortgage should Iris take?
Organization
An organization is a structured group of people working together to achieve common goals, which can range from businesses to non-profits.
For-Profit
For-profit refers to businesses or organizations that are operated with the main goal of making profit, as opposed to non-profit organizations that aim to serve a public or communal cause.
Nonprofit Organization
An entity that operates without the primary goal of making profits, instead focusing on achieving a particular social, educational, or humanitarian mission.
Government
The organized system or group of people that exercises authority and performs functions for a country, state, or community.
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