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Which of the following statements is true of a loan whose payments include a fixed principal portion? With each payment, the amount of the payment

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Which of the following statements is true of a loan whose payments include a fixed principal portion? With each payment, the amount of the payment increases and the interest portion increases. With each payment, the amount of the payment decreases and the interest portion increases. With each payment, the amount of the payment decreases and the interest portion decreases. With each payment, the amount of the payment increases and the interest portion decreases

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