Question: Can you help me answer this questions right? Installment notes require equal periodic payments. 1) What is included in each periodic payment? (3points) 2) Does

Can you help me answer this questions right?

Installment notes require equal periodic payments. 1) What is included in each periodic payment? (3points) 2) Does the periodic interest expense on an installment note increase or decrease over the life of the note? (2 points)

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