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As a consumer starts paying his loan, the interest tends to decrease. A. True B. False

As a consumer starts paying his loan, the interest tends to decrease. A. True B. False
83.8k views
1 vote
As a consumer starts paying his loan, the interest tends to decrease.
A. True
B. False

User Nicholas Boll
by
7.8k points

1 Answer

2 votes

Answer:

A. true

Explanation:

I believe you pay most of your interest when you first receive the loan.

User Floy
by
8.8k points
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