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Amortization Tables Are Useful for Each of the Following Reasons

Question 26

Multiple Choice

Amortization tables are useful for each of the following reasons EXCEPT ________.


A) determining the principal balance due if the loan is being paid off early
B) determining how much of a total payment is interest and how much is principal for tax purposes
C) determining the regular periodic total payment
D) All of these are useful purposes of an amortization table.

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