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Which of the following statement is correct?

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writing a position paper

a. The payments of an amortized loan reflect an increasing amount going toward principal and a decreasing amount going toward interest over time.

b. All the answers are incorrect.

c. Annuities due is the payments are made/received at the end of the period.

d. Other things being equal, the less frequent interest is compounded, the more interest the investment will earn.

e. An annuity can be described as perpetuity that goes on forever.  Get FInance Help Today

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