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.

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