One Difference Between the Constant Amortizing Mortgage (CAM)and the Constant

question 14

True/False

One difference between the constant amortizing mortgage (CAM)and the constant payment mortgage (CPM)is the interest paid and loan amortization relationship.With a CAM,the loan amortization and interest paid are directly related and with the CPM the loan amortization and the interest paid are inversely related.

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Definitions:

Freshwater Bony Fishes

Aquatic vertebrates that live in freshwater habitats and have skeletons primarily composed of bone rather than cartilage.

Urine

A liquid by-product of metabolism in humans and many animals, excreted by the kidneys and composed of water, salts, urea, and other waste substances.

Hemodialysis

A medical procedure that uses a machine to filter waste products and water from the blood, used as a treatment for kidney failure.

Peritoneal Dialysis

A type of dialysis that uses the lining of the abdominal cavity as a filter to clean blood, replacing the function of the kidneys.