A(n) _____ loan is repaid in a series of fixed, scheduled payments rather than in a lump sum.
A) interim
B) single-payment
C) installment
D) standard
E) consolidated

Name: A(n) _____ loan is repaid in a series of fixed, scheduled payments rather than in a lump sum. A) interim B) single-payment C) installment D) standard E) consolidated
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An installment loan is repaid in a series of fixed, scheduled payments over a set period of time.

A(n) _____ Loan Is Repaid in a Series of Fixed