The schedule that discloses the monthly payment that you will make, based on a specific mortgage amount, a fixed interest rate level, and maturity is called a(n)

A) depreciation schedule.
B) payment table.
C) amortization table.
D) obligation schedule.

Answer: C

Business

You might also like to view...

The response rate is usually very high for mail questionnaires

Indicate whether the statement is true or false

Business

Three massive markets have developed since the end of the Cold War, some of which will require significant amounts of market research before entrance into that market can occur. The three markets are the Americas, Europe, and China

Indicate whether the statement is true or false

Business