What Effect Does Paying an Extra Small Bit of Principal

question 53

Multiple Choice

What effect does paying an extra small bit of principal on a mortgage have on the life of a 30 year loan?

• A)It has no impact on amount of interest paid but shortens the length of the loan.
• B)It saves money in interest and shortens the length of the loan.
• C)It increases the amount of interest paid and lengthens the length of the loan.
• D)It has no impact on either interest or life span of the loan.

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Definitions:

G93.40

A code used in medical classification systems for identifying a specific condition, but without further context, its significance varies.

Hypertensive Heart Disease

Heart conditions, such as heart failure or coronary artery disease, that develop due to high blood pressure.

Chronic Diastolic Congestive Heart Failure

A form of heart failure where the heart's lower chambers can't fill properly with blood during the relaxation phase.

I11.0

The ICD-10 code for Hypertensive heart disease without heart failure, indicating high blood pressure that affects heart function but hasn't yet led to heart failure.