What does an amortization schedule show? The portion of payment broken down to interest and principal...

What does an amortization schedule show?
1. The portion of payment broken down to interest and principal
2. The increase in loan outstanding
3. The increase to principal
4. The balance of interest outstanding

Expert Solution

Answer: The portion of payment broken down to interest and principal

Amortization schedule shows the beginning pricnipal amount, total payment amount and its breakdown into principal and interest component and the edning principal amount.

jeff jeffy answered 2 years ago

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