Question

What will happen to the amount of interest you owe as you pay down a loan?

A: It will stay the same
B: It will not need to be paid
C: It will continue to decrease
D: It will continue to increase

Answer 1

Answer: C

Step-by-step explanation:

The answer is C because -once you pay what you owe, the money you owe will start to decrease because you have already paid some of the loan back.

Answer 2

C: It will continue to decrease

Step-by-step explanation: