Loans payable in more than 5 years are called _____ term loans.

Question

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Loans with a repayment period of more than five years are categorized as long-term loans. These are typically used for large investments like purchasing property or fund ing major business projects.

Answer

<div>short</div>

Answer

<div>very short</div>

Answer

Answer

<div>medium</div>

Loans payable in more than 5 years are called _____ term loans.

The Correct Option is C

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