Loans that the borrower to pay interest each period and to repay the entire principal (the original loan amount) at some point in the future are called ____________.
举一反三
- A loan in which the borrower promises to repay the borrowed amount plus a predetermined rate of interest is called a(n) ________.
- Qian Mama applies for 200000 yuan car loans, the interest rate of the car loans is 6%, the period is 5 years, repayment of principal and interest is the same amount. How much will Qian Mama pay the car loans each month? A: 3877.56 B: 3978.56 C: 3866.56 D: 3967.56
- A loan that requires the borrower to make the same payment every period until the maturity date is called a _________
- (I) A discount bond requires the borrower to repay the principal at the maturity date plus an interest payment. (II) A coupon bond pays the lender a fixed interest payment every year until the maturity date, when a specified final amount (face or par value) is repaid.
- When the lender provides the borrower with an amount of funds that must be repaid to the lender at the maturity date, along with an additional payment for the interest, it is called a ______