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| rev | Admin | (Created page with "Consider an amortization schedule for a loan at interest rate i per period, i > 0, being repaid with payments of 1 at the end of each period for n periods. Determine which of the following statements about this schedule is true. <ul class="mw-excansopts"><li>The total interest paid equals <math>n-a_n</math>.</li><li>The total interest paid equals <math>i a_n</math>.</li><li>The total principal repaid equals <math>n-i a_n</math>.</li><li>The principal repaid in payment...") | Nov 19'23 at 15:15 | +612 |