Question

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

Answer 1

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

Answer 2

The answer is C because the principal goes down and interest goes up. The part of your payment goes to....

Explanation: