Econ answer the following?

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Econ answer the following?

1 true,

2. false (7 years)

3. idk

4.false (principle is the amount of the loan)

5. true

6. false (they have a cap or limit)

7. true

8. true

9. false (cosigner is an individual who is on your loan with you .. a "Co-debtor")

10. false (they can be used anywhere)

11. IDK

14. true

15. false (requires loan instutitutions to fully disclose their terms before you accept the loan)

16.true

17. true

18. false. (reduces monthly payment but requires a large final payment when the term expires)

19. IDK



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