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One of the first amortizing mortgages was the constant amortization mortgage. Which of the following characterized the components of the CAM payment over the life

One of the first amortizing mortgages was the constant amortization mortgage. Which of the following characterized the components of the CAM payment over the life of the loan?

Interest Amortization Payment

(A) Decreasing Decreasing Decreasing

Interest Amortization Payment

(B) Constant Decreasing Decreasing

Interest Amortization Payment

(C) Decreasing Constant Decreasing

Interest Amortization Payment

(D) Constant Constant Constant

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