Negative Amortization Occurs When the Monthly Payments Are Insufficient to Cover

question 26

True/False

Negative amortization occurs when the monthly payments are insufficient to cover the interest due on a loan.

---

Definitions:

Align Object

The action or process of arranging objects in a straight line or in correct relative positions.

Change Shape

A feature in graphic or presentation software that enables users to alter the geometric form of an existing shape object.

Chart Styles Button

A feature in spreadsheet and presentation software that allows users to quickly change the look and feel of a chart through predefined styling options.

Quick Layout

A feature in presentation and spreadsheet software that allows users to quickly apply a specific layout to charts or slides.