The determination of the equal periodic loan payments necessary to provide a lender with a specified interest return and to repay the loan principal over a specified period refers to Loan commercialization Loan modernization Loan securitization Loan amortization

Finance Nov 24, 2020

Expert Solution

When equal payments of a loan are made with principal being repaid with interest payments, it is called a loan amortization. Other options do not mean a loan that has equal payments and provide the lender to repay the loan prinipal over a specified period. Hence, the correct option is-

Loan amortization

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