Take the following as truth: if if if if and you need to be very careful if the loan is set up to have bimonthly they call it a yuppie loan if it's set up for bimonthly payments if you because you'll sa ve seventeen fifteen to seventeen years off the end of the loan seven i'm sorry seven to nine years off the end of the loan
Then the following statement: "With bimonthly payments, you can save over twenty yeas off the end of a loan." is true, false, or inconclusive?
Answer: False