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mantparn mantparn
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7 years ago
In general, with an amortized loan, the payment amount remains constant over the life of the loan, the principal portion of each payment grows over the life of the loan, and the interest portion of each payment declines over the life of the loan.
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Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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UlainUlain
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mantparn Author
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7 years ago
Thanks for the assistance, I've marked your post as best answer
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