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For an interest-bearing loan repaid with equal periodic payments, the amount of interest paid goes up each period in the ratio (1+i) True or False

For an interest-bearing loan repaid with equal periodic payments, the amount of interest paid goes up each period in the ratio (1+i)

True or False

Please Explain

For an interest-bearing loan repaid with equal periodic payments, the amount of principal repaid goes down each period.

True or False

Please Explain

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