Question: A home is purchased using a fixed-rate, fully amortized mortgage loan. Which statement regarding this mortgage is TRUE? Group of answer choices Each mortgage payment

A home is purchased using a fixed-rate, fully amortized mortgage loan. Which statement regarding this mortgage is TRUE? Group of answer choices Each mortgage payment reduces the principal by the same amount. Each principal and interest mortgage payment amount is the same. The principal amount in each payment is greater than the interest amount. A balloon payment will be made at the end of the loan

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