Business
Business, 19.08.2019 23:10, okme

Concerning a fully amortized loan, it is correct to say that it is a loan characterized by: level payments with equal portions applied to interest and principal. level payments that cover all interest charged and reduce the principal to zero by maturity. payments of varying amounts necessary to cover interest and reduce principal to zero by maturity. level payments that first pay all interest owed over the term of the loan then pay off principal.

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Concerning a fully amortized loan, it is correct to say that it is a loan characterized by: level pa...

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