Question: Question 14 When a loan is amortized, it means the: O interest is due entirely at the maturity date. O borrower is in default. O

Question 14 When a loan is amortized, it means the: O interest is due entirely at the maturity date. O borrower is in default. O principal and interest are paid off by the borrower over the life of the loan. O principal in never repaid, only interest

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