Which of the following most accurately describes the way that reductions in principal balance on a fixed-rate mortgage change the cash payments made on that mortgage? Assume payments are made on an annual basis in equal installments. O Reductions in principal result in a lower cash payment made on the mortgage each year. Reductions in principal result in a higher cash payment made on the mortgage each year. Reductions in principal result in fluctuations in the cash payment made on the mortgage each year. O Reductions in principal do not change the cash payment made on the mortgage each year