Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - 8.7 The Cost of Home Ownership - Concept and Vocabulary Check: 2

Answer

Loan amortization schedule

Work Step by Step

We call a document that shows how each monthly installment payment is split between interest and principal a loan amortization schedule.
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