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Q. |
As a fixed-rate mortgage nears maturity, the portion of the monthly mortgage payment that is applied to principal _________ while the amount that is applied to interest ___________. |
A. | Decreases; increases |
B. | Increases; decreases |
C. | Does not change; decreases |
D. | Increases; does not change |
Answer» B. Increases; decreases |
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