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    3. Agriculture
    4. Agri economics
    5. Repayment of loans in a series of installment is called

    Question

    Repayment of loans in a series of installment is called

    A Liquidity Correct Answer Incorrect Answer
    B Amortization Correct Answer Incorrect Answer
    C Hypothecation Correct Answer Incorrect Answer
    D Leverage Correct Answer Incorrect Answer

    Solution

    Process of loan repayment by installment payment is classified as amortizingaloan.

    Practice Next
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