Use of the declining-balance method of calculating the interest on an installment causes the portion of each

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Use of the declining-balance method of calculating the interest on an installment causes the portion of each month's payment allocated to the principal of the loan to ___________ while the portion of the payments allocated to interest will ___________ over the life of the loan. increase, increase decrease, decrease increase, decrease remain constant, remain constant

Posted Date: May 18, 2024 10:07 PM

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Use of the declining-balance method of calculating the interest on an installment causes the portion of each

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