Question: Antortization is paying off debt over time in equal installments. Part of each paymnet goes toward the loan principal and part goes toward interest. As
Antortization is paying off debt over time in equal installments. Part of each paymnet goes toward the loan principal and part goes toward interest. As the loan amortizes, the amount going toward principal starts out a. Even, proportionally and gradually grows month by month. b. Small, larger c. Negative, modestly d. Large, smaller
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