Business, 30.09.2019 23:30 sam9350

Which of the following statements about amortizing a loan is true? answer unselected although the payment is the same each month, the interest that accrues each month decreases. unselected each monthly payment becomes smaller because the interest on the balance is decreasing. unselected the loan balance increases each month as you make more payments. unselected each month you pay only the interest and you repay the principal balance at the end of the loan. unselected i don't know yet

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Which of the following statements about amortizing a loan is true? answer unselected although the p...