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The payment made each period on an amortized loan is constant, and it consists of some interest and some principal.The closer we are to the end of the loan's life, the greater the percentage of the payment that will be a repayment of principal.
Cloud Computing
The delivery of computing services—including servers, storage, databases, networking, software, analytics, and intelligence—over the Internet (“the cloud”) to offer faster innovation, flexible resources, and economies of scale.
Microsoft Word 2010
A version of Microsoft's word processing software released in 2010, part of the Microsoft Office suite.
Auto Correct
A software feature that automatically corrects spelling or grammatical errors as the user types.
Common Errors
Typical mistakes or inaccuracies that occur frequently in a particular context.
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