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Why does the amount of interest you owe decrease every month?
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Why does the amount of interest you owe decrease every month?

User David Brabant
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2 Answers

19 votes
19 votes

Answer:the overall balance decreases

Explanation: because you have to pay less interest over time because you are paying money to them

User Daniel Olsen
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19 votes
19 votes

Answer:

The outstanding principle is less

Step-by-step explanation:

User SurfeurX
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