Question 16 of 50 8.0 Points You recently obtained a 30-year (360-month) $100,000 fixed-rate mortgage. Which of the following statements is correct? (Ignore all taxes and transactions costs.) 0 A. The remaining balance after three years will be $100,000 less the total amount of interest paid during the first 36 months. O B. The proportion of the monthly payment that goes towards repayment of principal will be higher 10 years from now than it will be this year. O C. The monthly payment on the mortgage will steadily decline over time D. The monthly payment on the mortgage will per Reset Selection riodically increase or decrease as interest rates change