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

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

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

7.1k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

3 votes

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

Gladen answered May 7, 2021

by Gladen

8.5k points

0 Comments

Please log in or register to add a comment.

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

8.0k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.7m questions

11.4m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

0 Comments

Please log in or register to add a comment.

0 Comments

Please log in or register to add a comment.

Other Questions