Use of the declining-balance method of calculating the interest on an installment causes the portion of each month's payment allocated to the principal of the loan to ___________ while the portion of the payments allocated to interest will ___________ over the life of the loan.
A. Increase, increase
B. Decrease, decrease
C. Increase, decrease
D. Remain constant, remain constant
A. Increase, increase
B. Decrease, decrease
C. Increase, decrease
D. Remain constant, remain constant