This topic contains a solution. Click here to go to the answer

Author Question: A(n) ____________________ is a fee charged if you pay a loan off early. Fill in the blank(s) with ... (Read 102 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
A(n) ___________________ _ is a fee charged if you pay a loan off early.
 Fill in the blank(s) with correct word

Question 2

When you borrow money from a bank or credit union and pay it back in monthly payments, that is referred to as a(n) ___________________ _.
 Fill in the blank(s) with correct word



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mariahkathleeen

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

prepayment penalty

Answer to Question 2

installment loan




LCritchfi

  • Member
  • Posts: 519
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

For a complete list of videos, visit our video library