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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (316853)12/29/2006 5:33:08 PM
From: TimF  Read Replies (1) of 1573910
 
You don't start paying off the principal until the 16th year.

That isn't true. You pay some of the principle off in your first payment, or at least by your 2nd. Perhaps the portion of the payment going towards principle doesn't exceed the portion going to interest until the 16th year, but the principle owed goes down from the beginning.
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