The amount of the loan should not exceed $2000.
Answer: Option A.
Explanation:
A no-premium credit implies you are just taking care of the head — or the cash you acquired from the bank — without premium. That implies on the off chance that you make late installments or don't take care of your parity inside a certain time allotment, you might be charged intrigue retroactively on the whole parity.
A zero-interest credit is one where just the chief equalization must be reimbursed, given that the borrower respects the unbending cutoff time by which the whole parity must be fulfilled.
