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olasank [31]
4 years ago
13

If a friend who’d never heard of amortization before asked you to explain how loan payments work, what would you say?

Business
1 answer:
Ahat [919]4 years ago
4 0

Answer:

Spreading a loan into a series of fixed payments.

Explanation:

When you ask how loan payments work, there's no better way to explain it that knowing that you will have to pay down a balance over a period of time. When you ask for a loan, you will have to spread it into a series of fixed payments (the total payment remains equal all the time) in which you will have to cover for the principal loan (the amount of money you requested) and the loan's interest (which is what the lender gets paid for the loan). This monthly payment even though it remains the same, covers for the following: the interest costs (which are at their highest at the beginning) and reducing the loan balance. As time goes on, a bigger portion of what you are paying goes toward the principal loan, and the interest you pay is proportionally less each month.

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Kojo, a LifeCare Medical Supplies salesperson, follows Malin, a salesperson for National Medco Products, a LifeCare competitor,
Tasya [4]

Answer: the options are given below:

A. no tort.

B. ​wrongful interference with a business relationship.

C. conversion.

D. trade libel.

The correct option is B.

Explanation: From the question above, we can see that LifeCare Medical Supplies and National Medco Products are business rivals or competitors in the same industry, and Kojo works for LifeCare, while Malin works for National Medco.

The actions of Kojo will therefore be counted as a ​wrongful interference with a business relationship, this is because Kojo is specifically targeting the exact customers that Malin has sold to, thereby interfering with the relationship that Malin already has with the customers.

3 0
4 years ago
g Last year, Adventure Enterprises reported revenues of $24 million while its total expenses were $10 million. Based on this inf
marysya [2.9K]

Answer:

The answer is ' a profit of $14 million

Explanation:

Revenue = $24 million

Total expenses = $10 million

Profit(loss) = Revenue minus total expenses

$24 million - $10 million

Profit = $14 million.

It is a profit because revenue is greater than total expenses. Adventure Enterprises will report a loss if reported total expenses was greater than reported revenue

6 0
3 years ago
grwoth is the key to better consumption possibilities and one key to better consumption possibilities is
mash [69]

Answer:

Trade

Explanation:

The consumption possibility can be gotten from three different factors, it could be gotten from opportunity for trade, production set and also from consumption behavior.

Involving in trade would reduce the prices of goods for consumers, especially in a country that is involved in importation. It creates gains for consumers. Therefore it can be said that trade is a key to better consumption possibilities.

4 0
3 years ago
The Carbondale Hospital is considering the purchase of ambulance. The TheXarbondale Hospital is considering the purchase of ambu
babunello [35]

Answer:

Explanation:

A) using 2-year moving average :

Year 6 : (3800 + 3700) = 7500 / 2 = 3750

2) Mean absolute deviation based on the forecast above :

(3000 + 4000) = 7000/2 = 3500

(4000 + 3400) = 7400/2 = 3700

(3400 + 3800) = 7200/2 = 3600

3000

4000

3400 __3500__100

3800__3700__100

3700__3600__100

Mean absolute deviation = (100 + 100 + 100) /3 = 300/3 = 100

C) weight of 0.4 and 0.6

(0.4*3000 + 0.6*4000) = 3600

(0.4*4000 + 0.6*3400) = 3640

(0.4*3400 + 0.6*3800) = 3640

3000

4000

3400 __3600__200

3800__3640__160

3700__3640__60

(200 + 160 + 60) = 420 / 3 = 140

5 0
4 years ago
opportunities that allow students to give back to their community and that have a set of learning objectives attached are know a
Mice21 [21]

Answer:

Service-learning opportunities

Explanation:

Service-learning is the learning which is referred to the learning which  actively comprise the students in a wide range of experiences and it often advantage others as well as the community.

Therefore, the opportunities which allow the students to give back to the community and the set of learning goals which are attached is known as the service-learning opportunities.

6 0
3 years ago
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