Answer:
c. Because it is a fixed-rate mortgage, the monthly loan payments (which include both interest and principal payments) are constant
CORRECT The interest will decrease while principal increase leaving a net effect of zero through the life of the loan
Explanation:
a. The outstanding balance declines at a slower rate in the later years of the loan's life
FALSE the principal decreases at a higher rate in the lather years as the interest component decreases.
b. The remaining balance after three years will be $225,000 less one third of the interest paid during the first three years
FALSE to know this we need to know the rate
d. Interest payments on the mortgage will increase steadily over time, but the total amount of each payment will remain constant
FALSE as a portion of the principal is being paid, the interest component decreases over time
e. The proportion of the monthly payment that goes towards repayment of principal will be lower 10 years from now than it will be the first year.
FALSE the porportion to pay the principal increase through time.
Answer:
insurance against leakage or pilferage of critical and confidential data - data theft insurance
insurance against commercial property damage due to events such as fire, floods, storms, or earthquakes - property insurance
insurance against damage to company vehicles and injury or loss of life due to company vehicles - commercial auto insurance
insurance against severe loss of life or money due to one’s professional negligence or malpractice - professional liability insurance
Explanation:
Remodel Inc can seek compensation. By entering a contract with Leslie, both parties are bound by certain rules. The contractor must have spent some money related to performing the job. Breaching the agreement impacts on Remodel, financially speaking. They can therefore seek compensation for any amount spent due to the award of the contract, like logistics costs incurred to fulfill the contract.
Answer and explanation:
It is true that the corporation issue only private stocks but their shares do not trade on public exchanges and are not issued through an initial public offering.
Hope this help you :3
- Make sure you know what your investing in (DYOR)
- Invest only money your willing to lose
- Learn from others and learn strategies