Which of the following is not true about loan amortization in a given loan? A. Both the interest payment and principal payment will be identical every period B. Both the interest payment and principal payment will add up to same amount every period C. To pay off the principal as well as to pay off the interest on the loan. D. Over the duration of the loan the interest payment will decrease and principal payment will increase over time.
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Home » Business » Which of the following is not true about loan amortization in a given loan? A. Both the interest payment and principal payment will be identical every period B.