Business
Business, 02.11.2020 20:40, joe7977

Why do customers save money if they pay off a closed ended loan faster than the amortization table requires? Group of answer choices

A. Customers can renegotiate the terms of the loan any time.

B. It does not since the terms of the loan are defined in the table.

C. Paying more of the principal reduces the amount of interest due.

D. A closed ended loan has standard payments that include the principal.

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