True or False $(2$ points each$)$

$6\mathrm{.}1.$

T F

The interest component of amortized loan payments remains constant over time, while the principal component steadily decreases.

$6\mathrm{.}2.$ The cost of farm debt is measured as the ratio of interest expense to farm assets.

$6\mathrm{.}3.$

T F

Operating inputs are financed with farm profits.

$6\mathrm{.}4.$

T F

Decreasing the compounding frequency reduces the loan balance more rapidly, which reduces the total interest paid.

$6\mathrm{.}5.$

T F

Under standard operating loan contracts, a separate transaction is made each time financing is needed.