What happens to principal and interest of the monthly payment on a loan over time? A. They go up B. They go down C the principal goes down and interest goes up D. The principal goes up and the interest

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asked May 5, 2021 99.4k views

1 vote

What happens to principal and interest of the monthly payment on a loan over time?

A. They go up
B. They go down
C the principal goes down and interest goes up
D. The principal goes up and the interest goes down

Mathematics
high-school

Fuwaneko asked

by Fuwaneko

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b but it could be wrong because i don’t fw c

Gladen answered May 7, 2021

by Gladen

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1 vote

Answer:

The answer is C because the principal goes down and interest goes up. The part of your payment goes to....

Explanation:

Rocco The Taco answered May 9, 2021

by Rocco The Taco

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