Which of the following statements is correct?

A) A lease is an example of an annuity due in which the cash flows occur at the beginning of each period.

B) All the answers are correct.

C) With an amortized loan, a smaller proportion of each month's payment goes toward interest in the early periods.

D) If the cash flow payments, equally spaced and level, over a finite number of periods, the contract is called a perpetuity.

E) The depreciation schedule provides principal, interest, and unpaid principal balance for each month