4
QuizMultiple Choice

Credit and Interest

Question 4 • FL-2106010-M/J Civics B

Most loans are paid back in __________ installments.

Answer
A
daily
B
weekly
C
monthly
D
yearly

Explanation

Most loans are repaid in monthly installments, meaning the borrower makes a payment once each month. Daily or weekly payments are less common, and yearly payments would leave long gaps between payments. The correct choice is monthly.

AI-written and checked against the verified answer.

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