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

Question

1) increases with each payment

2) decreases with each payment

3) remains constant with each payment

Vinod Jetley · Answer

2) decreases with each payment

As the balance outstanding keeps on decreasing.

Muhammad Ramzan Tufail ACCA · Answer

Decrease with each Payment is the Correct Ans.

Wasi Rahman Sheikh · Answer

My answer will be option2) <<<<<<<<<<<<<<<<<<<

Emad Mohammed said abdalla · Answer

>>>>>>> 2) decreases with each payment

Mir Mujtaba Ali · Answer

2) decreases with each payment

.............

khaled elkholy · Answer

2.  Decreases with each payment is correct answer........

Deleted user · Answer

AGreed to experts

Thank you

Alex Al Yazouri · Answer

2) decreases with each payment

You pay the compound interest then the loan.

Wolf Klaas Kinsbergen · Answer

The loans in Europa I know have a fixed payment and fixed interest payment. But normal would be answer2< because the part that is loaned decreases