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What kind of information does an amortization loan schedule provide? (1 point) Responses the variable interest rate the variable interest rate the increasing loan balance total the increasing loan balance total the balloon payment due date the balloon payment due date how much of the monthly payment is applied to the interest

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An amortization loan schedule provides detailed information about the loan repayment process, including:

  • The amount of each payment
  • The portion of each payment that is applied to the principal and interest
  • The remaining balance of the loan after each payment
  • The total interest paid over the life of the loan

Out of the options given, the most relevant response would be "how much of the monthly payment is applied to the interest."

An amortization schedule typically does not include variable interest rates or balloon payment due dates unless specified for that particular loan type.