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The borrower of an amortized mortgage makes most of the payment during the early life of the mortgage: A) towards the principal. B) towards the

The borrower of an amortized mortgage makes most of the payment during the early life of the mortgage:

A) towards the principal.

B) towards the interest.

C) equally towards the principal and interest.

D) mostly towards the principal rather than interest.

E) None of these choices are correct.

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