6.1. The interest component of amortized loan payments does not change over time, while the T F principal component steadily increases. 6.2. T F Cost of farm debt is measured as the ratio of interest expense to farm assets. 6.3. TF Operating inputs are financed with farm profits. 6.4. TF Decreasing the compounding frequency reduces the loan balance more rapidly, which reduces the total interest paid. 6.5. TF Under standard operating loan contracts, separate transaction is made each time financing is needed