As the term of a mortgage increases, holding interest rates constant, the monthly payments will
A)stay about the same.
B)increase.
C)decrease.
D)There is no connection between the term and the size of the payments.

Question

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The Answer of As the term of a mortgage increases, holding interest rates constant, the monthly payments will
A)stay about the same.
B)increase.
C)decrease.
D)There is no connection between the term and the size of the payments.

As the Term of a Mortgage Increases, Holding Interest Rates