Question
The term amortized refers to A. the repayment of a loan through a series of equal payments. B. the loan maturity date in a loan
The term amortized refers to
A.
the repayment of a loan through a series of equal payments.
B.
the loan maturity date in a loan contract.
C.
the method by which interest is calculated in a loan contract.
D.
the term contracted to pay off a loan.
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Financial and Management Accounting
Authors: Pauline Weetman
7th edition
1292086599, 978-1292086590
