Question: Consider that you are paying back a fully amortized loan. Which of the following statements is most correct? Early loan payments include smaller amounts of

Consider that you are paying back a fully amortized loan. Which of the following statements is most correct?
Early loan payments include smaller amounts of interest payments.
After the last loan payment is made, there is still a large principal repayment remaining.
The actual loan payments vary from year to year.
Later loan payments include larger amounts of principal repaymentand less to interest.
 Consider that you are paying back a fully amortized loan. Which

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