Match the below descriptions to the appropriate pattern of thinking.
Definitions:
Amortization Schedule
A table detailing each periodic payment on a loan over time, breaking down the amounts going towards principal and interest.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage.
Monthly Payments
Regular payments made every month, often in the context of loans or leasing agreements.
Callable Bond
A type of bond that gives the issuer the right to repay the bond before the maturity date.
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