amortized. 1  transitive verb. 2  1 : to pay off (an obligation, such as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund amortize a loan. 3  2 : to gradually reduce or write off the cost or value of (something, such as an asset) amortize goodwill amortize machinery.
Q: How much does it cost to join CAP? A: The initial cost is $67.00 (2 checks- $35 & $32 made payable to Civil Air Patrol). Thereafter there are annual NY Wing dues of $32 and LI Group dues of $15. Q: What is the process for joining as a Cadet? A: Attend 3 Squadron meetings to determine if CAP is for you.
The Costco Executive membership costs an additional $55 per year and members get 2% back annually. This means youâd have to spend $2,750 per year in order for the Executive membership to be worth it (or $229 per month).