In an installment loan for equipment,the loan's amortization schedule would coincide with the equipment's useful life.

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In an installment loan for equipment, the loan payments are spread out over the useful life of the equipment, which means that the loan's amortization schedule coincides with the equipment's useful life. This ensures that the borrower isn't burdened with loan payments long after the equipment has become obsolete or worn out.

In an Installment Loan for Equipment,the Loan's Amortization Schedule Would