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mantparn mantparn
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Posts: 1904
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7 years ago
In general, with an amortized loan, the payment amount grows over the life of the loan, the principal portion of each payment grows over the life of the loan, and the interest portion declines over the life of the loan.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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7 years ago
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mantparn Author
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7 years ago
Thanks again for helping me in my management class!
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