When using the O A. average daily balance method, interest is charged on the balance at the end of the new billing period B. previous balance method, interest is charged on the average daily balance during the billing period C. average daily balance method, interest is charged on the average daily balance during the billing period D. adjusted balance method, interest is charged on the average daily balance during the billing period Which of the following is true regarding conventional mortgages? O A. They are a form of closed mortgage. B. They require a down payment of at least 25 percent. OC. They require a down payment of at least 20 percent OD. They receive more favourable interest rates for the buyer