Answer:
a) 175,437.77
b)
![\left[\begin{array}{ccccc}Year&Beg Principal&Interest&Installment&Ending\\1&175437.77&15789.4&-24500&166727.17\\2&166727.17&15005.45&-24500&157232.62\\3&157232.62&14150.94&-24500&146883.56\\4&146883.56&13219.52&-24500&135603.08\\5&135603.08&12204.28&-24500&123307.36\\6&123307.36&11097.66&-24500&109905.02\\7&109905.02&9891.45&-24500&95296.47\\8&95296.47&8576.68&-24500&79373.15\\9&79373.15&7143.58&-24500&62016.73\\10&62016.73&5581.51&-24500&43098.24\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7DYear%26Beg%20Principal%26Interest%26Installment%26Ending%5C%5C1%26175437.77%2615789.4%26-24500%26166727.17%5C%5C2%26166727.17%2615005.45%26-24500%26157232.62%5C%5C3%26157232.62%2614150.94%26-24500%26146883.56%5C%5C4%26146883.56%2613219.52%26-24500%26135603.08%5C%5C5%26135603.08%2612204.28%26-24500%26123307.36%5C%5C6%26123307.36%2611097.66%26-24500%26109905.02%5C%5C7%26109905.02%269891.45%26-24500%2695296.47%5C%5C8%2695296.47%268576.68%26-24500%2679373.15%5C%5C9%2679373.15%267143.58%26-24500%2662016.73%5C%5C10%2662016.73%265581.51%26-24500%2643098.24%5C%5C%5Cend%7Barray%7D%5Cright%5D)
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(I split into two arrays as I couldn't put the entire information into one)
c) because of the time value of money the principal generates interest over time making the installment pay up both concept principal and interest.
d) they decrease as the principal decreases over time as the lease payment exceeds the interest accrued over the year.
Explanation:
a) it will record at the present value of the lease payment annuity
C 24,500
time 12
rate 0.09
PV $175,437.7693
b)
we build the table starting withthe beginning lease value
calcualte the interest accrued over the year and subtract the lease payment
this makes a new balance of the loan principal which start the process again until it is fully paid.
Answer:working trial balance
Explanation:
A trial balance is a statement prepared to test the mechanical accuracy of ledger transactions
Answer:
C) Factoring
Explanation:
In factoring, the Companies shall sell the accounts receivables to Tobit Financing at a discounted rate when they are apprehensive about receiving the same from their debtors in time. Once received by Tobit Financing, it shall recover the dues from those accounts at the full rate. The difference shall be the earning of Tobit Financing. This may also be true when such Companies are in urgent need of cash and this option seems to be the most viable.
A vertical as curve means the level of aggregate supply (or potential GDP) will determine the real GDP of the economy, no matter the level of aggregate demand.
In general, economic process is a condition in which income increases from the emergence of an increase in the production of goods and services. However, this increase in income has not been compared to the expansion in population. this will be seen from the results of improvements in various fields, like technology.
In its development so far, there are various theories of economic growth. This theory itself appears plenty to explain the growth cycle as well as the factors that directly influence an increase in the national economy by experts. Among the various theories that have emerged, here are a number of them:
- Neoclassical Theory
- Classical Theory
- Historical Theory
You can learn more about economic growth here brainly.com/question/16999482
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If the homeowner continues to default on the loan, the lender will foreclose on the house. ... A foreclosure sale / auction is typically the next thing that happens during the process. The lender wants to get the home off their hands as quickly as possible, so they'll usually price it to sell quickly
