Business, 20.08.2020 01:01 bankskry

Ollie and Molly Overton have just taken out a 30-year straight term loan on their new "starter home" in Bellflower. This means that:.A. They will make payments of interest only, with the principal due on the loan due date in 30 years. B. They will make payments of principal only, with the accumulated interest due on the loan due date in 30 years. C. They will make payments of interest and principal on an equal basis until the final payment, which will be larger than the rest, is made at the end of the loan term. D. They will make regular payments of principal and interest, and the entire loan will be paid off by the end of the term.

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Ollie and Molly Overton have just taken out a 30-year straight term loan on their new "starter home"...

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