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Installment notes payable that require periodic payments of equal amounts over the life of the note result in payment amounts in which the return of
Installment notes payable that require periodic payments of equal amounts over the life of the note result in payment amounts in which the return of principal portion gradually decreases over time the return of principal portion remains constant over time the return of principal portion may either increase or decrease over time depending upon the loan agreement the return of principal portion gradually increases over time
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