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please help Amortization is effectively turning a loan into a/an: annuity lump-sum payment series of increasing payments series of decreasing payments Which of the following

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Amortization is effectively turning a loan into a/an: annuity lump-sum payment series of increasing payments series of decreasing payments Which of the following statements is TRUE? By DECREASING the frequency of payments on a loan, you REDUCE your total cash outflow on that loa By DECREASING the frequency of payments on a loan, you INCREASE your total cash outflow on that I By INCREASING the frequency of payments on a loan, you REDUCE your total cash outflow on that loan By INCREASING the frequency of payments on a loan, you INCREASE your total cash outflow on that lo

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