Economy, asked by kimberlynobel32, 5 hours ago

____ are loans which are payable over a number of years

Answers

Answered by namrata5270

2

Explanation:

A form of loan that is paid off over an extended period of time greater than 3 years is termed as a long-term loan. This time period can be anywhere between 3-30 years. Car loans, home loans and certain personal loans are examples of long-term loans.

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