Question: T2-14 Multiple Choice In an amortization schedule for a six-year loan with equal annual payments, ____. A. the amount of interest paid increases each year

T2-14 Multiple Choice

In an amortization schedule for a six-year loan with equal annual payments, ____.

A. the amount of interest paid increases each year B. exactly half of the loan would be repaid at the end of year three C. the amount of principal repaid increases each year D. the principal repayment stays the same

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