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    Exam 7: Mathematics of Finance
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    Given 10 and 30 Year Loans with the Same Interest
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Given 10 and 30 Year Loans with the Same Interest

Question 25

Question 25

Multiple Choice

Given 10 and 30 year loans with the same interest rate, the 30 year loan results in a lower periodic payment.


A) True
B) False

Correct Answer:

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