With a fixed-payment amortized loan
A) The amount of payment going toward principal stays the same over the life of the mortgage
B) The amount of payment going to interest increases while the amount going to principal declines over the life of the mortgage
C) The amount of payment going to interest decreases while the amount going to principal increases over the life of the mortgage
D) All the payments go toward interest over the life of the mortgage
Correct Answer:
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