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A fully amortized mortgage loan with a fixed interest rate will have Question 16 options: a) the principal amount in each payment is greater than
A fully amortized mortgage loan with a fixed interest rate will have Question 16 options: a) the principal amount in each payment is greater than the interest amount. b) each payment reduces the principal by the same amount. c) the same monthly payment until paid in full. d) a balloon payment at the end of the loan
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