Although the payment made on an amortized loan is constant, it can be decomposed into two components. What are the TWO (2) components? Describe the patterns of each component over time.

Although the payment made on an amortized loan is constant, it can be decomposed

into two components. What are the TWO (2) components? Describe the patterns of each

component over time.

Although the payment made on an amortized loan is constant, it can be decomposed into two components. What are the TWO (2) components? Describe the patterns of each component over time.