Liabilities with instalment payments are repayable in
A) equal periodic amounts plus interest.
B) varying periodic amounts plus interest.
C) equal periodic amounts including interest.
D) varying periodic amounts including interest.

Question

Liabilities with instalment payments are repayable in 
A) equal periodic amounts plus interest.
B) varying periodic amounts plus interest.
C) equal periodic amounts including interest.
D) varying periodic amounts including interest.

Quizplus · Accepted Answer

Liabilities with installment payments are typically structured so that each payment includes both a portion of the principal amount borrowed and the interest, resulting in equal periodic amounts.

Liabilities with Instalment Payments Are Repayable in