Question: In each succeeding payment on an installment note, the amount: Multiple Choice That goes to decreasing the carrying value of the note is unchanged.

In each succeeding payment on an installment note, the amount: Multiple Choice

In each succeeding payment on an installment note, the amount: Multiple Choice That goes to decreasing the carrying value of the note is unchanged. That goes to decreasing the carrying value of the note decreases. Paid for both interest and principal increase proportionately. That goes to decreasing the carrying value of the note increases.

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