Question

    Loan repayment by instalment payments is called as

    -
    A a) Amortizing a loan Correct Answer Incorrect Answer
    B b) Annuity payments Correct Answer Incorrect Answer
    C c) cancellation of loan Correct Answer Incorrect Answer
    D d) appreciation of investment Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next

    Relevant for Exams: