Question

12)what types of loan repayment plans are available?

Explanation:

Loan repayment plans are a key aspect of finance. Common types include fixed - rate repayment where payments are consistent over time, graduated repayment where payments start low and increase, and income - driven repayment which ties payments to the borrower's income.

Answer:

Common types of loan repayment plans include fixed - rate repayment, graduated repayment, and income - driven repayment.