At some point in your life, you will probably take out a loan to pay for college, buy a car, or make another purchase. This course describes different types of loans and defines terminology associated with loans.
Learning Objectives
- Define terms associated with loans, including principal, interest, and term
- Describe a student loan
- Describe an automobile loan
- Describe a mortgage
- List what is typically included in a mortgage payment
- List different types of mortgages
Language: English
Estimate Time (Hrs.): 1.1