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1. True/False: An amortized loan is the payment method of the bond market. 2. True/False: U.S. Treasury bills are an example of interest-only loans. 3.
1. True/False: An amortized loan is the payment method of the bond market.
2. True/False: U.S. Treasury bills are an example of interest-only loans.
3. True/False: The annual payment on a 25-year amortized loan of $100,000 at 9% > $9000.
4. True/False: If r = 15% and n = 5, the payment on a $5000 discount loan > $10,000.
5 True/False: If r = 6% and n = 6%, the FVIFA > 7.
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