Accountancy, asked by snehagupta53, 6 months ago

what is amortization???​

Answers

Answered by kamalayush
4

Answer:

Answer:Amortization can refer to the process of paying off debt over time in regular installments of interest and principal sufficient to repay the loan in full by its maturity date. ... The amount of principal due in a given month is the total monthly payment (a flat amount) minus the interest payment for tha

Answered by ChrisKEdsison
0

Answer:

Amortization can refer to the process of paying off debt over time in regular installments.

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