Which of the following is better for the lender? A. 25-year amortization B. 20-year amortization C. 30-year amortization Which of the following is better for the lender? A.125-year amortization B.120-year amortization @30-year amortization
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This is because with a shorter amortization period, the borrower will pay off the loan faster and the lender will receive their money back sooner. Show more…
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