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Which of the Following Statements Is false

Question 8

Multiple Choice

Which of the following statements is false?


A) With equal instalment loans, the equal periodic payments result in the interest portion increasing each period.
B) With equal instalment payments, the reduction of principal increases.
C) With equal instalment loans, the equal periodic payments result in the interest portion decreasing each period.
D) With equal instalment loans, the equal periodic payments are constant each period.

Correct Answer:

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