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

 

1) increases with each payment

 

2) decreases with each payment

 

3) remains constant with each payment

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Question ajoutée par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date de publication: 2015/03/22
Vinod Jetley
par Vinod Jetley , Assistant General Manager , State Bank of India

2) decreases with each payment

As the balance outstanding keeps on decreasing.

Muhammad Ramzan Tufail  ACCA
par Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

Decrease with each Payment is the Correct Ans.

Wasi Rahman Sheikh
par Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

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

Emad Mohammed said abdalla
par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

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

Mir Mujtaba Ali
par Mir Mujtaba Ali , Internal Audit Manager , Confidential

2) decreases with each payment

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

khaled elkholy
par khaled elkholy , HR MANAGER , misk for import & export

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

Utilisateur supprimé
par Utilisateur supprimé

AGreed to experts

Thank you

 

Alex Al Yazouri
par Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

2) decreases with each payment

You pay the compound interest then the loan.

Wolf Klaas Kinsbergen
par Wolf Klaas Kinsbergen , Managing Director, Designer , ingenieursbureau KB International NV

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

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