Describe the details of loans explained in the article

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Reference no: EM132405742 , Length: word count:500

Learning Activity -

This activity requires you to read the following article, focusing on two types of term loan payment schedules, Even Principal Payments and Even Total Payments: Types of Term Loan Payment Schedules.

After spending some time reading and studying about the two types of loans (please only focus on the two mentioned), and doing additional research on the two types of payment schedules, if necessary, write a paper 2 pages in length addressing the following:

(1) Describe the details of the two types of loans explained in the article;

(2) Explain the advantages and disadvantages from a borrower's perspective of each loan structure;

(3) Identify and describe a situation that would fit well for each type of loan;

(4) Explain an actual situation of which you are aware in which a business or organization needs to borrow.

(5) Be sure to present your arguments supporting your recommendation.

Write your paper in Microsoft Word and format it according to APA standards.

Attachment:- Assignment File.rar

Reference no: EM132405742

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