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pompa pompa
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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 declines over the life of the loan, and the interest portion of each payment grows over the life of the loan.
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Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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alovelyalovely
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7 years ago
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"It is better to fail in originality than to succeed in imitation."

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You make an excellent tutor!
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This site is awesome
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