Question: Question 16 (2 points) Assuming a constant prime interest rate, when repaying an interest only loan what can be said about the payments? The interest
Question 16 (2 points) Assuming a constant prime interest rate, when repaying an interest only loan what can be said about the payments? The interest payments will either increase or decrease, but not necessarily by a constant amount each period The interest payments will decrease by a constant amount each period The interest payments will increase by a constant amount each period The interest payments will remain constant from period to period Question 17 (2 points) An increase in assets: Increases income Does not affect cash Increases cash Reduces cash
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