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In a typical loan amortization schedule, the total dollar amount of money paid each period: increases with each payment. decreases with each payment. remains constant

  1. In a typical loan amortization schedule, the total dollar amount of money paid each period:
    1. increases with each payment.
    2. decreases with each payment.
    3. remains constant with each payment.
    4. increases for the first half of the loan repayment term and then decreases for the second half of the loan repayment term.
    5. decreases for the first half of the loan repayment term and then increases for the second half of the loan repayment term.

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