Suppose you choose to pay off a loan over 10 years instead of 5 years. The principal

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Suppose you choose to pay off a loan over 10 years instead of 5 years. The principal and interest rate are the same in both cases. Will the payment for the 10-year term be:
(i) Half the payment for the 5-year term?
(ii) More than half the payment?
(iii) Less than half the payment? Give the reasoning for your choice.
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