1.

Medium-term loans are provided for a period of ________.1). 1 year to 2 years2). 15 months to 3 years 3). 15 months to 4 years4). 1 year to 3 years

Answer»

MEDIUM term loans are loans where repayments are made over a period of between one and three years. The short term loan is BASICALLY for less than a YEAR and the long-term loan can be REPAID within a time limit of 20 - 30 years.



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