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QUESTION
In relation to long-term financing, an amortised loan involves: Select one:periodic payments principal and interest repaid at maturity.
In relation to long-term financing, an amortised loan involves:
Select one:
a. periodic payments principal and interest repaid at maturity.
b. periodic interest and principal repayments when positive cash flows begin.
c. periodic interest payments and principal repaid at maturity.
d. periodic equal repayments of interest and principal throughout the term.
