Your mortgage payment is constant through time but the fraction of it that goes to paying off principal versus interest changes through time and it just changes as dictated by this formula.

抵押贷款每月还款是固定的,但是其中本金和利息的比例关系,会随时间而改变,这是由这个公式所决定的

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Some people have a fifteen- or twenty-year loan, often with an adjustable interest rate instead of a rate that never changes.

VOA: special.2011.01.24

Your mortgage payment is constant through time but the fraction of it that goes to paying off principal versus interest changes through time and it just changes as dictated by this formula.

抵押贷款每月还款是固定的,但是其中本金和利息的比例关系,会随时间而改变,这是由这个公式所决定的

耶鲁公开课 - 金融市场课程节选

He says the BOJ should buy up more government bonds and cut interest rates further, and he hopes the changes will come when the bank holds a policy meeting in a few weeks.

VOA: standard.2009.12.03

Then businesses are better prepared to cope with potential tax code or interest rate changes that could erode profitability.

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The average duration in the index is 26 years, which means it is super sensitive to interest rate changes.

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It said customers could opt out of any interest rate changes.

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