Finance
An interest-only loan requires the borrower to pay:
AOnly the principal for the first several years
BOnly interest for a specified period, after which principal payments begin✓ Correct
CEqual principal and interest throughout the term
DA lump sum of interest at maturity
Explanation
An interest-only loan requires the borrower to pay only interest for an initial period; after that period ends, the loan recasts to include principal and interest payments.
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