Question 18 (2 points) With a negative amortized loan the following are true: a. There is a balloon payment due at the end of the loan b. Payments are less than the interest c. The loan balance increases over time Both b&c. All of the above (i.e. a, b and c) B Question 19 (2 points) With reference to straight line depreciation method, which statement is false? 21 An equal amount of depreciation is allocated in each year The book value of the asset decrements by a fixed amount each year The asset is depreciated down to a book value equal to the salvage value All the statements are true