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Business, 20.02.2020 20:52 genesisdiaz1352

The remaining balance on an amortized loan is paid down evenly over the life of the loan. For example, if you borrow $20,000 today on a 60-month amortized loan then your remaining balance reduces by 20,000/60

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The remaining balance on an amortized loan is paid down evenly over the life of the loan. For exampl...
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