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Balloon payments are payments that are A. larger than the others and occur at the beginning of the loan term. B. larger then get smaller as time goes by. C. larger than the others and occur at the end
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Balloon payments are payments that are

A. larger than the others and occur at the beginning of the loan term.
B. larger then get smaller as time goes by.
C. larger than the others and occur at the end of the loan term.
D. typical in mortgages with 30-year terms.

User Amadou
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1 Answer

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Balloon payments are payments that are?

ANSWER:

C. Larger than the others and occur at the end fo the loan term.
User TallGuy
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