A schedule showing how and when a debt will be repaid with interest is called loan:
AAmortisation
BAggregation
CArbitration
DAcquisition
Answer & Solution
Correct answer: A. Amortisation
1. The schedule tracks the debt shrinking payment by payment.
2. It sets out both the interest and the repayment in each instalment.
3. That schedule is loan amortisation.
_Source: OpenStax Principles of Finance 2e, Chapter 8, Time Value of Money II._
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