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Author Question: Which of the following are correct about amortized loans? I. Lenders earn their interest in the ... (Read 16 times)

frankwu

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Question 1

What is in amortized loan payments?
◦ Interest
◦ Principal
◦ Interest and principal
◦ It depends on the type of amortized loan

Question 2

Which of the following are correct about amortized loans?

I.  Lenders earn their interest in the payments
II.  Lenders earn their interest by reinvesting the payments
III.  The total interest earned by the lender is the sum of the payments minus the principal.
◦ I
◦ II
◦ III
◦ I and II
◦ I and III


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Marked as best answer by frankwu on Apr 25, 2021

ebonylittles

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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frankwu

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


frankwu0507

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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