Answer:
The correct answer is: may have equal or increasing amounts applied to the principal from each loan payment.
Explanation:
Amortization can be defined as the process of spreading out the loan in monthly payments. An amortized loan has scheduled periodic payments for both interests as well as principal. If the payments for each period are equal it is called a fully amortized loan.
In amortized loans the interest is paid off first then the amount excess of interest reduces the principal. A common example of amortized loans is auto loans, home loans.
The payments for amortized loans can be equal or unequal for each period.
The answer is: a quality control manager who works in a busy restaurant
To be considered as a producer, we need to create some sorts of goods or services and exchange it with the customers in order to obtain some sort of financial gain. Quality control manager fall into this category because the manager created services in form of expertise in managing restaurants business in exchange for salaries.
Answer:
$27,200
Explanation:
The adjusted basis is the value given to an asset (and used by the IRS) when you have to determine any capital gain or loss resulting from its sale. It should generally be the original cost of purchasing that asset.
Kevin's basis = (300 shares x $90 per share) + $200 in sales commission
Kevin's basis = $27,000 + $200 = $27,200
Hope This Helps! :D
