More Introduction to Financial Accounting | Online Course Support

Using the examples from the videos, which of these types of loans require that some principal be repaid prior to maturity (i.e., before the end of the loan period)? (check all that apply)

 
 

Bank loans and bonds require full principal payment at maturity. Mortgages and capital leases require some principal be repaid throughout the term of the loan.

 
 
 

Bank loans and bonds require full principal payment at maturity. Mortgages and capital leases require some principal be repaid throughout the term of the loan.

 

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