| agent is a professional who has obtained either california loan mortgage southern real estate salesperson's Amortization is distribution of a single lump-sum cash flow into many smaller cash flow installments for easier repayment. Unlike other repayment models, each repayment installment consists of both principal and interest. Amortization is chiefly used in loan repayments (a common example being a mortgage) and sinking funds. The payments are usually of equal amounts. In california loan mortgage southern case of a loan, a greater amount of the payment is applied to interest at the beginning, while during the latter portion, more california loan mortgage southern is applied to principal. The formula for an amortization is: (1-v^n)/i, where n = # of years, v = 1/(1+i), and i |
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