As a fixed-rate, amortized loan is paid off over time...

	a.	all of the principal is paid off first, and only then do any payments go toward interest.
	b.	the amount of each payment that goes toward interest remains the same.
	c.	more and more of each payment goes toward reducing principal, while less and less goes toward interest.
	d.	more and more of each payment goes toward interest, while less and less goes toward reducing principal.