Accountancy, asked by darshnil1417, 5 hours ago

what is time duration for loan

Answers

Answered by ashmitgurnule

0

Answer:

1 day

Explanation:

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Answered by dandekarsneha1002

2

Answer:

A loan term is the duration of the loan until it's paid off, such as 60 months for an auto loan or 30 years for a mortgage. You'll pay more interest overall on a long-term loan, but your payments will likely be less because the principal balance you borrowed is spread out over more months.

Explanation:

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