Question: 3 In a loan repayment schedule, the term amortized refers to 01. the method by which interest is calculated. 02. assets used to back the

3 In a loan repayment schedule, the term amortized refers to

3 In a loan repayment schedule, the term amortized refers to 01. the method by which interest is calculated. 02. assets used to back the loan. 03. the life of the loan. the repayment of the principal through a series of equal payments. 04

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