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QUESTION 29 During the early years of an amortizing mortgage loan, the lender applies all of the monthly payment to interest on the loan. most

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QUESTION 29 During the early years of an amortizing mortgage loan, the lender applies all of the monthly payment to interest on the loan. most of the monthly payment to interest on the loan all of the monthly payment to the outstanding principal balance most of the monthly payment to the outstanding principal balance

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