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In a fixed-rate mortgage amortization schedule of monthly mortgage payments A. The amount of interest in each payment is equal to the amount of principal
In a fixed-rate mortgage amortization schedule of monthly mortgage payments
A. | The amount of interest in each payment is equal to the amount of principal paid | |
B. | Both B and C are true | |
C. | In the early years, principal repayment exceeds interest payments | |
D. | In the early years, interest payments exceed principals repayments |
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