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3 Answer this question based on the following statements 1. Periodic payments (blended payments) for a mortgage will increase as the term of the mortgage

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3 Answer this question based on the following statements 1. Periodic payments (blended payments) for a mortgage will increase as the term of the mortgage increases. il. Periodic payments (blended payments) won't change during the amortization period of a mortgage iii. Periodic payments (blended payments) won't change during the term of a mortgage. O a Only i is correct. O b. Only ii is correct. Oc. Only ili is correct. O d. Both i and il are correct. Oe. Both i and ili are correct

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