Which of the following statements is true of amortization? a. amortization schedule represents only the interest portion of the loan. b. with an amortized loan, a larger proportion of each month's payment goes toward interest in the early periods. c. the computation of loan amortization is wholly based on the computation of simple interest. d. with an amortized loan, a periodic payment of principal portion gradually decreases over a period.

B). With an amortized loan, a larger proportion of each month's payment goes toward interest in the early periods.

Explanation:

Amortization is referred to as a process or accounting technique that divides the amount of loan into a series or chain of fixed monthly payments. It reduces the book value of loan periodically/gradually as the debt is being paid off in installments. As per the question, the statement that asserts a true claim is option B which states that with an amortized loan, a great portion of each month's payment goes towards interest due to the addition of high-interest rates over the principal. Thus, option B displays a true assertion.

i dont know but thats a great qusestion

the aksumite empire was an ancient kingdom located in what is now northern ethiopia from the period of 100 ad to 940 ad. its capital was the city of aksum. the kingdom established itself as one of the 4 great powers at its time, along with persia, rome, and china.

the kingdom was rich in goods like gold, iron, and salt. it established strong commercial ties with the regions governed by rome, egypt, and persia (arabia). aksum was a key location in this commercial network. trade was also facilitated with the introduction of the aksumite currency.