Which One of the Following Statements Is NOT True About

question 66

Multiple Choice

Which one of the following statements is NOT true about amortization?

• A) Amortization refers to the way the borrowed amount (principal) is paid down over the life of the loan.
• B) With an amortized loan, each loan payment contains some payment of principal and an interest payment.
• C) With an amortized loan, a smaller proportion of each month's payment goes toward interest in the early periods.
• D) A loan amortization schedule is just a table that shows the loan balance at the beginning and end of each period, the payment made during that period, and how much of that payment represents interest and how much represents repayment of principal.

---

Definitions:

Spoon Shaped

Describing an object or form that resembles the shape of a spoon, often used in medical contexts to describe certain types of deformities or conditions.

Iron Deficiency

A condition resulting from insufficient iron in the body, leading to a decrease in the production of hemoglobin, which can cause anemia.

Skin Assessment

A clinical evaluation of the skin to identify its condition, changes, or abnormalities.

Exudate

Fluid that has filtered from the circulatory system into lesions or areas of inflammation, often containing proteins, cells, or solid debris.