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Which one of the following statements is NOT true about an amortized loan? The final ending balance of an amortization table should be zero. A

Which one of the following statements is NOT true about an amortized loan? The final ending balance of an amortization table should be zero. A corporate bond is a good example of amortized loan. Amortization refers to the way the borrowed amount (principal) is paid down over the life of the loan. With an amortized loan, each loan payment contains some payment of principal and an interest payment

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