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1. 2. How does the total amount of interest paid change when the length of the loan increases? Not enough information is given to answer
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How does the total amount of interest paid change when the length of the loan increases? Not enough information is given to answer the question. The total amount of interest paid decreases. The total amount of interest paid becomes negative. O The total amount of interest paid increases. O The total amount of interest paid remains constant. What happens to the payment in each period as the loan length increases? Not enough information is given to answer the question. The payment in each period increases. The payment in each period decreases. O The payment in each period becomes negative. O The payment in each period remains constantStep by Step Solution
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