When the effective$-$interest method is used to amortize bond premium or discount, the periodic amortization will

Question $13$ options:

$1)$

increase only if the bonds were issued at a discount.

$2)$

decrease only if the bonds were issued at a premium.

$3)$

increase only if the bonds were issued at a premium.

$4)$

increase if the bonds were issued at either a discount or a premium.