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
VladimirAG [237]
3 years ago
7

The payment made each period on an amortized loan is constant, and it consists of some interest and some principal. The closer w

e are to the end of the loan's life, the smaller the percentage of the payment that will be a repayment of principal.
a. Trueb. False
Business
1 answer:
qaws [65]3 years ago
8 0

Answer:

The correct answer is False.

Explanation:

The amortization operation consists of regularly distributing the repayment of the principal (C0), together with the interest accrued throughout the life of the loan. The periodic payments made by the borrower are therefore intended to reimburse, extinguish or amortize the initial capital. This justifies the name of the depreciation transaction and the depreciation terms that are usually assigned to these payments.

You might be interested in
The Industrial Revolution focused on what?
lutik1710 [3]
It focused on more technological advancements
3 0
3 years ago
What is the best advice for concluding your presentation?
Lilit [14]

The best advice for concluding a presentation is by having to review major points as it is essential to be able to deliver your main purpose or the important information you want to deliver to your audience and in the same time, the individual should focus on what he or she wants for his or her listeners to think, remember and even do.

8 0
3 years ago
Frank age 63 is single and provided all of the support for his daughter Anna age 24 and her son Marvin age 6. Neither Anna nor M
allsm [11]

Frank cannot claim Anna or Marvin as a dependent.

Explanation:

Because Frank gives Anna and Marvin every support, support tests are straightforward.

Anna earns revenue in excess of $4200 and can not therefore be requested as dependent. In fact, Marvin does not stay with Frank and can not therefore be stated as dependent.

The income tax credit, EITC or EIC is a bonus to low- and moderate-income employers. To apply, you must fulfill certain criteria and file a tax report, even if you are not obliged to pay a bill. The level of tax you pay is lowered by the EITC and a refund is probable.

3 0
3 years ago
Grand River Corporation reported taxable income of $600,000 in year 1 and paid federal income taxes of $155,000. Not included in
Paul [167]

Answer:

$444,000

Explanation:

current earnings and profits = (taxable income - income taxes) - meals expense + tax exempt income = ($600,000 - $155,000) - $3,000 + $2,000 = $444,000

Disallowed expenses are expenses made by an individual or company that the IRS doesn't allow to be deducted, e.g. meals. Tax exempt income is income that is not taxed by the IRS, e.g. DRD includes at least 70% of dividends received.

Deferred gains or unearned revenues are considered a liability and are not included in the income statement.

7 0
3 years ago
Shelley was initially moderately in favor of a proposal to build a city bike path. At a meeting, she learns that not only will t
Gnesinka [82]

Answer:

The appropriate response is "Persuasive arguments".

Explanation:

  • A noninteractional concept or philosophy of community judgment predicting choice results via cognitive or conceptual claims produced by individuals before the debate is determined as Persuasive arguments theory.
  • It doesn't see dialogue as an important element of judgment results, although as a potential mechanism for facilitating communication.

Thus the above is the right answer.

5 0
3 years ago
Other questions:
  • The annual report for Sneer Corporation disclosed that the company declared and paid preferred dividends in the amount of $100,0
    6·1 answer
  • Les' Motors has sales of $482,800, cost of goods sold of $297,400, inventory of $169,600, and accounts receivable of $52,900. Ho
    5·2 answers
  • Another view of leadership focuses on a continuum of behavior ranging from a type of leadership with a formal hierarchy and powe
    12·1 answer
  • If you want to move into an upper-level management position with a major hotel chain, would you pursue education? Explain.
    10·1 answer
  • Based on what you've noticed from observing the population statistics for countries of the world, what can you say about what is
    6·1 answer
  • What does it mean to “diversify” your portfolio?
    6·1 answer
  • Which of the following situations would most likely encourage a firm's managers to make decisions that are in the best interests
    12·1 answer
  • For each stock in the stock market, the number of shares sold daily equals the number of shares purchased. That is, the quantity
    8·1 answer
  • What is the best questions that entrepreneurs should know before starting a business?​
    14·1 answer
  • a bank lender is concerned about the creditworthiness of one of its major borrowers. the bank is considering using a swap to red
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!