1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
_________ can give every business access to an agile workforce that is not only better suited to solving some of the problems th
Yanka [14]

Complete Question:

_________ can give every business access to an agile workforce that is not only better suited to solving some of the problems that organizations struggle with today but in many cases will do it for free.

Group of answer choices

a. Crowdsourcing

b. LinkedIn

c. Social recruiting

d. Brainstorming

Answer:

a. Crowdsourcing.

Explanation:

Crowdsourcing can be defined as a process of gathering information, ideas, micro-tasks, goods and services, finances, and votes into a project or organizational task from a large group of fast growing participants, either paid or unpaid mostly through the internet. These group of participants are saddled with the responsibility of creating value by contributing significantly to an organization typically over the internet.

Crowdsourcing can give every business access to an agile workforce that is not only better suited to solving some of the problems that organizations struggle with today but in many cases will do it for free.

8 0
3 years ago
Gross Investment 18
kkurt [141]

Answer:

c) $75.

Explanation:

<u>The disposable income is the amount of personal income after taxes</u>

we can solve for taxs using the savings identity:

<em>Savings = Private Savings + Public Savings</em>

where:

Private savings: personal income - personal consumption

and Public Savings = taxes - government spending

We plug the value in the formula and solve for T

5 = 85 - 70 + T - 20

5 = T - 5

T = 10

Now, we derive personal income:

85 income - 10 taxes = 75 disposable income

5 0
4 years ago
Adam's company recently suffered an attack where hackers exploited an SQL injection issue on their web server and stole sensitiv
zaharov [31]

Answer:

d.Incident

Explanation:

Based on the information provided within the question it seems that what is being described in this activity is an incident as: an unplanned interruption to an IT service or reduction in the quality of an IT service or a failure of a Configuration Item that has not yet impacted an IT service In the context of information technology this refers to an attack to a IT service or server which causes an unplanned interruption in that service or reduction or quality. Which the attack  in this scenario did both as they attacked the server and stole sensitive information which most likely caused the service to be shut down for maintenance in order to fix the exploit.

6 0
3 years ago
Which of the following government policies is least likely to increase the standard of living in the United States?Investment in
gregori [183]

Answer: Option B

Explanation: The correct answer is raising the minimum wage paid to workers. Standard of living can be defined as the degree of comfort and luxury provided to every individual in a specified area. The standard of living involves every individual in the country thus the investment should be made on the sector which effect every individual. Raising the minimum wage would only increase the standard of living of poor and not every section of the society.

8 0
4 years ago
Leon is not very quick to purchase innovative products when they come out, but after a while he breaks down and buys if after mo
Dima020 [189]
Leon is best described as late majority, who are usually influenced by group norms. You can see that here as well - he didn't plan on buying that product, but he was influenced by the group of people around him, his friends, who have all bought it and recommend it to Leon to buy as well. He is "late" because he didn't purchase it immediately, but belongs to the majority, because most people will buy the product nevertheless. 
7 0
3 years ago
Other questions:
  • Which type of monetary policies would the federal reserve most likely use when the economy is struggling?
    15·2 answers
  • If a good is normal then an increase in income will result in Group of answer choices a movement up and to the left along the de
    15·1 answer
  • Based on the following cost data, what conclusions can you make about the costs of Product A and Product B?
    5·1 answer
  • An increasing number of charities have turned to online auctions as a way to raise money by selling unique experiences donated b
    6·1 answer
  • As the owner of a small business, Zebadiah is deciding what materials he should use to make the softest teddy bears on the marke
    9·1 answer
  • On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $580,000 of 8% bonds, d
    7·1 answer
  • During 2021, Sysco Corp. had 950,000 shares of common stock and 100,000 shares of 7% preferred stock outstanding. The preferred
    5·1 answer
  • Differences between productive and service orientated profession​
    8·1 answer
  • Betweenness gives power because the more of it you have: _________.
    6·1 answer
  • Identify the statement that does not meet natural capitalism principles for the redesign of business.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!