What type of note calls for interest payments during the term of the loan, with principal due at the end of the loan?
a. Amortized loan
b. Straight term loan
c. Balloon wraparound loan
d. Installment loan
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Home » Business » What type of note calls for interest payments during the term of the loan, with principal due at the end of the loan? a. Amortized loan b. Straight term loan c. Balloon wraparound loan d. Installment loan