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Home Q & A Board Other Fields Homework Help Business Management
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stranahan stranahan
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7 years ago
Which of the following is NOT true regarding the total payment in an equal payment amortization table?
A) The final total payment will be greater than the beginning principal for the final period, assuming a positive interest rate.
B) The total payment is calculated using the present value of an annuity formula rearranged to solve for the payment.
C) The total payment for any period is equal to the principal plus interest payments for that same period.
D) All of the above are true.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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blightermournblightermourn
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7 years ago
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stranahan Author
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#2
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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#3
5 years ago
Thanks
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