With fixed principal payments, the interest _ each period as the principal _. decreases, decreases increases,...

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With fixed principal payments, the interest _ each period as the principal _. decreases, decreases increases,...

With fixed principal payments, the interest ___ each period as the principal ___.

decreases, decreases

increases, increases

increases, decreases

decreases, increases

business accounting

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Answer 1

Answer #1

Answer : A = Decreases, Decreases.

>> As Principal payment amount is fixed , then there will be decrease of principal, as principal decreases interest on principal also decreases for each period.

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Answer 2

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