Question: Does skipping the 10th mortgage payment have the same consequence to lengthening the amortization period as skipping the 35th payment? Can loan payments form either

Does skipping the 10th mortgage payment have the same consequence to lengthening the amortization period as skipping the 35th payment?

Can loan payments form either a general annuity or a simple annuity?

Given S = P(1+rt), solve for t.

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