Question: What relationship exists between the calculation of the present value of an annuity and amortization of a loan? How can you find the amount of

What relationship exists between the calculation of the present value of an and amortization of a loan? How can you find the amount of interest paid each year under an amortized loan?

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An amortized loan is an annuity with a repayment of interest and principal in each payment You ar... View full answer

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