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What is the definination of amortization in relation to mortgage payment? Select one: a . The process of calculating montjly mortgage payments. b . Mortgage
What is the definination of amortization in relation to mortgage payment? Select one: a The process of calculating montjly mortgage payments. b Mortgage payment over fixed time to gradually reduce principal and interest. c The process of refining a mortgage to lower the interest rate. d The act of extending a mortgage term beyond the original agreement.
What is the definination of amortization in relation to mortgage payment? Select one:
a The process of calculating montjly mortgage payments. b Mortgage payment over fixed time to gradually reduce principal and interest. c The process of refining a mortgage to lower the interest rate. d The act of extending a mortgage term beyond the original agreement.
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