Everything Else Equal,the Loan Balance on a Negative Amortization Loan

question 29

True/False

Everything else equal,the loan balance on a negative amortization loan will be less than that on an interest-only loan after the first year.

---

Definitions:

Bisexual

Pertains to an individual who is attracted to both men and women.

Monogamous

Referring to a relationship or mating system where an individual has one partner during their lifetime or at any one time.

Sexual Orientation

Sexual orientation is a term used to describe an individual's pattern of emotional, romantic, or sexual attraction to others.

Homosexual Woman

A female who is romantically and/or sexually attracted to other females.