For installment notes where the installment payment stays the same over time, there is a pattern we should expect to observe for the portion of each payment allocated towards interest compared to the portion allocated towards the remaining or outstanding principal balance. Question: How is the portion of each payment allocated towards the loan's principal balance affected over time? Select one: a. The portion of the payment allocated to the remaining principal balance increases over time. O b. The portion of the payment allocated to the remaining principal balance decreases over time. The portion of the payment allocated to the remaining principal balance stays the same over time. OC.

For installment notes where the installment payment stays the same over time, there is a pattern we should expect to observe for the portion of each payment allocated towards interest compared to the portion allocated towards the remaining or outstanding principal balance. Question: How is the portion of each payment allocated towards the loan's principal balance affected over time? Select one: a. The portion of the payment allocated to the remaining principal balance increases over time. b. The portion of the payment allocated to the remaining principal balance decreases over time. c. The portion of the payment allocated to the remaining principal balance stays the same over time