Question: Question 9 In each subsequent cash payment on an installment note: The amount of interest paid increases The amount of principal paid decreases The amount

Question 9
In each subsequent cash payment on an installment note:
The amount of interest paid increases
The amount of principal paid decreases
The amount of principal paid increases
The amounts paid for both interest and principal increase proportionately
None of the options listed
Question 9 In each subsequent cash payment on an

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