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) Match the following terms with the examples as appropriate:(Points : 4)Potential Matches:1 : a promise by the US government to repay a fixed amount at some time in the future.2 : You obtained a 5-month commercial loan. This loan loan will allow you to paid $500 in interest for four months and a final payment of interest and principal at the end of the fifth month.3 : You borrow $3,000 from your bank at 10% interest. You will make no payments for two months but will return the full amount plus interest at the end of three months.4 : You obtained a loan from your bank to buy a car. You will pay $300 per month to cover both interest and principal.Answer: Pure discount loan: Amortized Loan: Interest-only Loan: Treasury Bill
Match the following terms with the examples as appropriate:(Points : 4)Potential Matches:1 : a promise by the US government to repay a fixed amount at some time in the future.2 : You obtained a…
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