Question: In each succeeding payment on an installment note, the: Multiple Choice Amount of principal paid decreases. Amounts paid for both interest and principal increase proportionately.

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

In each succeeding payment on an installment note, the: Multiple Choice Amount of principal paid decreases. Amounts paid for both interest and principal increase proportionately. Amount of principal paid increases. Amount of interest paid increases

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