Asked by Neisha
In an amortized loan, the principal portion:
increases with every payment and is zero with the last payment.
increases with every payment and completely repays the loan with the last payment.
increases with every payment but at a decreasing rate.
does not change with every payment.
increases with every payment and is zero with the last payment.
increases with every payment and completely repays the loan with the last payment.
increases with every payment but at a decreasing rate.
does not change with every payment.
Answers
Answered by
Henry
2. Increases with every payment and
completely repays the loan with the last payment.
completely repays the loan with the last payment.
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