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GoodMad_ GoodMad_
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7 years ago
Negative amortization results when
A) the monthly interest payment on the home mortgage declines.
B) the monthly mortgage payment is just equal to the monthly interest on the remaining loan balance.
C) the remaining loan balance declines.
D) the monthly mortgage payment is less than the monthly interest on the remaining loan balance.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
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imoyseimoyse
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GoodMad_ Author
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#2
7 years ago
Such a smart group of people this forum has

thx
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