When applying for a loan of the amount of $5000, you received the principal $5000 minus $500 as an interest, but you must pay back the entire principal. What is this type of loan called?

Question

Quizplus · Accepted Answer

The Answer of When applying for a loan of the amount of $5000, you received the principal $5000 minus $500 as an interest, but you must pay back the entire principal. What is this type of loan called?

When Applying for a Loan of the Amount of $5000