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On a fixed-rate mortgage, the monthly Select one: O a. a reduction in interest rates shortens the amortization period. b. payment remains constant until the

On a fixed-rate mortgage, the monthly Select one: O a. a reduction in interest rates shortens the amortization period. b. payment remains constant until the balloon payment. c. payment remains constant and the interest rate stays the same. O d. payment remains constant and the interest rate fluctuates. Clear my choice

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