Question: 2 In each succeeding payment on an installment note: Multiple Choice 0 0 : 2 5 : 5 2 The amounts paid for both interest
In each succeeding payment on an installment note:
Multiple Choice
::
The amounts paid for both interest and principal increase proportionately.
The amount that goes to interest expense decreases.
The amount that goes to interest expense is unchanged.
The amount that goes to interest expense increases.
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