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In an Amortizing loan, the monthly payments made to the lender include which of the following? a..Interest on the Principal balance outstanding b. A portion

In an Amortizing loan, the monthly payments made to the lender include which of the following?

  • a..Interest on the Principal balance outstanding
  • b. A portion of the Principal itself
  • c.Not enough information provided
  • d.Both A & B

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