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Loan Amortization For Principal And Interest Described Thru Amortization Schedule
Shown are two different amortization schedules for a loan and details the amortization method for both amortization schedules, based on discounting the loan payments back to their present value at the date of the loan (shown as a cash flow diagram), amortization schedule (1) (begiining loan balance + interest payment i payment = ending balance ...
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