amortization
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An Amortization schedule is a technique used to periodically lower the book value of a loan or intangible asset over a set period of time. The term "amortization" can refer to two situations. First, amortization is used in the process of paying off debt through regular principal and interest payments over time. An amortization schedule is used t…
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An Amortization schedule is a technique used to periodically lower the book value of a loan or intangible asset over a set period of time. The term "amortization" can refer to two situations. First, amortization is used in the process of paying off debt through regular principal and interest payments over time. An amortization schedule is used t…
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