Unique Skill ID: KS120G76D36NBPTKJ2F7

Amortization Schedule

Amortization schedule is a specialized skill related to finance and accounting that involves calculating and creating a table showing the repayment schedule of a loan or mortgage over time. It includes information on the amount of each payment, the principal and interest components, and the remaining balance after each payment. This skill is important for financial analysts, accountants, and loan officers to help them accurately project and manage payments and cash flows.

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This Skill is part of Lightcast Open Skills, a library of over 32,000 skills used by schools, communities, and businesses that has become the standard language.
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