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QUESTION IMAGE

the length of a loan is part of what is called the loan_ * schedule ter…

Question

the length of a loan is part of what is called the loan_ *
schedule
terms
structure
title
your total loan repayment amount includes all of the principal of the loan plus all the interest you will pay. *
false
true
financing and credit are two terms that mean- *
taking charge of something
process of getting a loan
applying for a discount
looking for lost money

Explanation:

Brief Explanations
  1. Loan terms include details like length, interest rate etc. So, length of a loan is part of loan terms.
  2. Total loan repayment is principal + interest. This is a basic concept in loans.
  3. Financing and credit both relate to the process of getting a loan.

Answer:

  1. B. Terms
  2. true
  3. B. process of getting a loan