Answered: Which of the following is a…

Which of the following is a non-installment loans? There may be more than one correct answer. a. term loan b. single payment loans c. bridge-loans d. closed-end leases

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter7: Using Consumer Loans

Section: Chapter Questions

Problem 4LO

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Answer: c

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Which of the following is a non-installment loans? There may be more than one correct answer.

term loan

single payment loans

bridge-loans

closed-end leases

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