Question: Payments in a partial amortization loan are based on the amortization period, not the loan period. The remaining balance is then: Multiple choice question. forgiven

Payments in a partial amortization loan are based on the amortization period, not the loan period. The remaining balance is then:
Multiple choice question.
forgiven by the lender.
amortized over the remaining loan period.
amortized just like the first part.
paid off in a lump sum bullet payment.

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