Question: On an installment note, in each succeeding payment: Question 6 options: a) The amounts allocated for interest expense and principal increases proportionately. b) The amount

On an installment note, in each succeeding payment: Question 6 options: a) The amounts allocated for interest expense and principal increases proportionately. b) The amount allocated to interest expense decreases. c) The amount allocated to principal decreases. d) The amount of interest paid is unchanged

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