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Advanced Placement (AP)

Answered

QUESTION 9 of 10: A loan that starts at a fixed rate for several years, but whose balance is collected in one lump sum when it becomes due
is a:
a Fixed rate
b) ARM
c) Private mortgage insurance
d) Balloon mortgage

Answer :

АНОНИМGO АНОНИМGO

Answer:

D

Explanation:

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Answer:

d) Balloon mortgage

Explanation:

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