In a typical loan amortization schedule, the total dollar amount of money paid each period : .

2) decreases with each payment

As the interest decreases each period

3) Remains Constant with each payment.

(3) is the Correct Ans.

Remains constant with each payment. 

Can be explain on demand,

Thank you...

2) decreases with each payment

I will choose option (3) since it is the right answer.

Definitely will

3) remains constant with each payment

AGreed to experts

Thank you

total amount of money paid remains constant whereas, in starting major portion of payment will be adjusted in interest and nearing completion of loan major portion of payment will be adjusted in principal. 

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3) remains constant with each payment

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