1 ​Explain, in general​ terms, how the portions of loan payments going to principal and interest change over the life of the loan. Question content area bottom Part 1 Choose the correct answer below. A. Installment loans gradually pay down the loan principal while the payments remain the same.​ Therefore, the interest due each month gradually decreases and the amount paid toward the principal gradually increases. B. Installment loans gradually pay down the loan principal while the payments remain the same.​ Therefore, the interest remains the same and the amount paid toward the principal gradually increases. C. Installment loans gradually pay down the loan principal while the payments remain the same.​ Therefore, the interest due each month gradually increases and the amount paid toward the principal gradually decreases. D. Installment loans gradually pay down the loan principal while the payments remain the same.​ Therefore, the interest remains the same and the amount paid toward the principal gradually decreases. Linda enrolls for 10 credit hours for each two semsters at a cost of $600 per credit hour. in addition textbooks $400 per semster.