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ABM 005

Authored by Blessie Cayanan

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KG

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ABM 005
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37 questions

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1.

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1 min • 1 pt

is probably the biggest loan one can have

2.

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1 min • 1 pt

is when you use your property as collateral

for a loan from financial situation

3.

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1 min • 1 pt

is usually a certain percent of the purchase

price of the property. this is generally called the buyer’s equity.

4.

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1 min • 1 pt

is a table or chart showing each monthly payment on an amortizing loan indicating how much ofeach payment goes to interest and how much goes to principles

5.

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1 min • 1 pt

the installment payment on the loan is termed _____

6.

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1 min • 1 pt

the schedule prepared showing the installment payments for the period of payment is called _____

7.

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1 min • 1 pt

thiis is basically the amount of money that you put on for time deposit the amount that will earn interest

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