Answer:
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.
