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.
Estimated completion time (hours): 1.1
Objectives
By the end of this course, you will be able to do the following:
- 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
Estimated Time (Hrs): 1.1
Language: English