Each payment on a mortgage note payable consists of -...

Each payment on a mortgage note payable consists of
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Each payment on a mortgage note payable consists of: a. interest on the original balance of the loan. b. reduction of loan principal only. c. interest on the original balance of the loan and reduction of loan
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Unformatted text preview: principal. d. interest on the unpaid balance of the loan and reduction of loan principal...
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