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Lynn's monthly mortgage payment is $900 per month. Her mortgage meets all the criteria for an ordinary annuity. Which of the following statements is true
Lynn's monthly mortgage payment is $900 per month. Her mortgage meets all the criteria for an ordinary annuity. Which of the following statements is true regarding Lynn's monthly mortgage payments? Select one: OA The interest expense portion of Lynn's monthly payment will increase over time. OB. The amount of cash that Lynn pays each month will decrease over time. OC. The interest expense portion of Lynn's monthly payment will stay the same over time. OD. The interest expense portion of Lynn's monthly payment will decrease over time
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