When repaying a loan with interest calculated at an annual percentage rate, the dollar amount paid in interest __________ each month. A. increases B. decreases C. will alternate D. remains unchanged

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asked Mar 8, 2019 88.3k views

1 vote

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

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

Social Studies
middle-school

Mikita Manko asked

by Mikita Manko

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2 Answers

5 votes

Answer: b

Explanation: no cap

Ceiling Gecko answered Mar 9, 2019

by Ceiling Gecko

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4 votes

Answer:

The answer is B. decreases.

Step-by-step explanation:

This was the correct answer on the edge practice test.

Neenad answered Mar 12, 2019

by Neenad

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