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lon Completion Status: QUESTION 2 Which one of the following(s) is (are) incorrect regarding the amortized loans. 1. sum of interest and principal payments are

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lon Completion Status: QUESTION 2 Which one of the following(s) is (are) incorrect regarding the amortized loans. 1. sum of interest and principal payments are fixed ii. borrower pays less interest towards the maturity ill. usual annuity formula can not be used to calculate payment iv. future value is theoretically zero. Only I and III Only II and IV Only Il and Ill Only 11 Only IV QUESTION 3 Present value of a perpetuity is given as $100 today. After three years, the present be the same Click Save and Subtitle and become

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