Question:What is an interest only loan? 

A A loan on which interest accrues only in the second year 
B A loan on which the borrower has to pay back only the interest and not the principal 
C A loan on which the borrower has to pay only the interest for a specified time period, not reducing the principal at all 
D A type of mortgage 

+ Answer
B 

+ Explanation
Answer not sure

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Md. Habib Ullah

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