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In a discount basis loan, interest is "paid" at the time the loan is made by deducting the interest amount from the loan amount. True False
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In a discount basis loan, interest is "paid" at the time the loan is made by deducting the interest amount from the loan amount.

True
False

User Anuresh Verma
by
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2 Answers

4 votes

Answer:

The answer is true

Explanation:

User Dbush
by
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True, because everybody at the store pays interest.
User Raphael Tarita
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