Daffodil International University
Faculties and Departments => Business & Entrepreneurship => Business Administration => Topic started by: munna99185 on April 22, 2018, 01:56:13 PM
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An amortized loan is a loan with scheduled periodic payments that consist of both principal and interest. An amortized loan payment pays the relevant interest expense for the period before any principal is paid and reduced. This is opposed to loans with interest-only payment features, balloon payment features and even negatively amortizing payment features.
Source: Amortized Loan https://www.investopedia.com/terms/a/amortized_loan.asp#ixzz5DNvHGrKh
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Informative post..........
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informative
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Informative post. Thanks for sharing.