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Author Question: Which of the following is NOT true regarding amortized loans? (Read 35 times)

audie

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Which of the following is NOT true regarding amortized loans?
◦ The payments are always the same.
◦ The payments occur at regular time intervals.
◦ The payments are a blend of interest and principal.
◦ The amount of interest and principal in each successive payment is the same.


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Marked as best answer by audie on Apr 25, 2021

dellikani2015

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audie

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Reply 2 on: Apr 25, 2021
Excellent


amandanbreshears

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Reply 3 on: Yesterday
Gracias!

 

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