If you increase the number of payments on an amortized loan, does the payment increase or decrease?

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If you increase the number of payments on an amortized loan, does the payment increase or decrease? Why or why not?

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Financial Management Core Concepts

ISBN: 978-0132671033

2nd edition

Authors: Raymond M Brooks

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Question Posted: May 08, 2014 07:39 AM

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If you increase the number of payments on an amortized loan, does the payment increase or decrease?

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Financial Management Core Concepts

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