Question: Question 2 5 ( 4 points ) In an amortized loan the earlier payments have a larger portion of the payment going to pay interest

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25 (4

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)

In an amortized loan the earlier payments have a larger portion of the payment going to pay interest and a smaller portion of the payment to pay down the principle.

True

False

Question 2 5 ( 4 points ) In an amortized loan

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