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pagesë tullumbace

The final installment on a loan which is greater than the prior payments and pays any remaining amount outstanding under the loan For example, a loan calls for equal monthly payments of $500, where most of the payment is for interest At the end of the loan a balloon payment of $100,000 is due

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  • Ordklasse: noun
  • Synonym(er):
  • Blossary:
  • Fagområde/Domene Accounting
  • Category: Tax
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