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

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

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