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Assume you work for a lending institution and one of your regular customers has approached you to borrow $200,000 to purchase a fleet of trucks for her company. Explain what it means to amortize a loan. What tools would you use to amortize a loan? Why is amortization beneficial to the lender? Why is it beneficial to the borrower? The final product will be a paper that is 1-2 double-spaced, APA formatted pages, a reference list should also be included on a new page after the body of your paper.

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Financial Management, Finance

Category:- Financial Management
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