When repaying a loan with interest calculated at an annual percentage rate, the dollar amount paid in interest __________ each m

Question

3 years ago

11

When repaying a loan with interest calculated at an annual percentage rate, the dollar amount paid in interest __________ each m

onth.
A.
increases
B.
decreases
C.
will alternate
D.
remains unchanged

Please select the best answer from the choices provided

A
B
C
D
Mark this and return

History

1 answer:

krok68 [10] · Answer 1 · 2021-12-28T08:03:31+03:00

krok68 [10]3 years ago

8 0

D.

remains unchanged

The answer is B.