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Deepika Deepika

Job Interview Skills
English
2 years ago

What is Amortization and negative amortization?

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Abhishek Mishra

2 years ago

Amortization refers to the repayment of the loan by instalment to cover principal amount with interest whereas, negative amortization is when the repayment of the loan is less than the loans accumulated interest, then negative amortization takes places.

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