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Which of the following statements would most correctly complete the following sentence? As the interest rate on a loan increases the loan maturity would decrease
Which of the following statements would most correctly complete the following sentence? As the
interest rate on a loan increases
the loan maturity would decrease other things held
constant
the payment amount would decrease other things held
constant
the amortization would increase other things held
constant
the payment amount would increase other things held
constant
None of these.
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