Which one of the following statements is NOT true about amortization? O With an amortized loan, a smaller proportion of each month's payment goes toward interest in the early periods. O With an amortized loan, each loan payment contains some payment of principal and an interest payment. W O Amortization refers to the way the borrowed amount (principal) is paid down over the life of the loan. O A loan amortization schedule is just a table that shows the loan balance at the beginning and end of each period, the payment made during that period, and how much of that payment represents interest and how much represents repayment of principal