Components of a loan which is fully paid back are:
A) the interest and financial market payments.
B) the principle repayment and the down payment.
C) the interest payment and principal repayment.
D) the down payment and interest payment.

Question

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The components of a loan that is fully paid back include the interest payment and principal repayment. The principal repayment refers to paying back the original amount borrowed, while the interest payment covers the cost of borrowing that money.

Components of a Loan Which Is Fully Paid Back Are