What type of loan makes interest payments throughout the life of the loan and then pays the principal and final interest payment at the maturity date?

A) Amortized loan
B) Interest-only loan
C) Discount loan
D) Compound loan

Answer: B

Business

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A recommendation for becoming more adept at making decisions under crisis conditions is

a. to establish a special committee. b. to avoid taking risks. c. to anticipate crises d. to avoid speaking to the media.

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JSE Securities Exchange is the largest stock exchange in Africa. The JSE provides a market where securities can be traded freely under a regulated procedure. The company acts as an intermediary between the traders. JSE is an example of a(n) ________

A) internal broker B) infomediary C) customer community D) market maker E) third party arbitrator

Business