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Maslowich
3 years ago
11

Why do housing lenders charge more interest up front?

Business
1 answer:
NISA [10]3 years ago
7 0
Why do housing lenders charge more interest up front? More interest is charged up front because the outstanding balance of the loan is higher. As time passes and the loan starts getting paid down, the amount of interest that is paid to the lender also goes down. If you look at a mortgage statement it appears the first few years are all mainly interest because the loan is much higher. The more time you spend paying your home loan, less money will go to interest. 
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When the demand for skilled labor increases, _____________________.
makvit [3.9K]

The correct option is A). the demand curve would shift to the right.

<h3>What happens when the demand for skilled labor increases?</h3>

When the demand for skilled labor get increases, the demand curve would shift to the right.

As the demand for the goods and services increases, the demand for the skilled labor will also increase, which will cause the demand curve shift to the right.

If the demand for the goods and services decreases, the demand for labor will decrease too, and demand curve will shift to the left.

Learn more about demand for skilled labor here:-

brainly.com/question/17323942

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4 0
2 years ago
Suppose that Matthew set up a system to measure the performance of his company. He investigates any process variations that caus
user100 [1]

Answer:

nonfinancial ethical performance.

Explanation:

In the context of manufacturing, process variations refers to changes in a repeatable process that should yield the same results every time but has not done so this time. This being the case since it is dependent on human error and not finances it can be said that Mr. Fisherman is measuring nonfinancial ethical performance. In order to find what defect made him miss his goal.

4 0
3 years ago
Cullen Company has $235,000 in credit sales, and $164,200 in its Accounts Receivable at the end of the year. The company uses th
S_A_V [24]

Answer:

Net Realizablel Value of Account receivable = $142,850

Explanation:

Particulars                                                             Amount

Total Accounts Receivable                                  $164,200

- Pre-adjusted Uncollectable Account balance  $7,250

- Current Year Uncollectable Amount                 <u>$14,100   </u> ($235000*6%)

Net Realizable Value                                            <u>$142,850</u>

4 0
3 years ago
Pearsall Company's defined benefit pension plan had a PBO of $268,000 on January 1, 2021. During 2021, pension benefits paid wer
wlad13 [49]

Answer:

The correct answer is $339,480.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the PBO at Dec.31 by using following formula:

PBO Dec.31 = PBO on Jan 1,2021 + Service cost + Interest - pension benefits paid

Where, Interest = 11 % × $268,000 = $29,480

By putting the value we get

PBO, Dec.31 = $268,000 + $85,000 + $29,480 - $43,000

= $339,480

8 0
4 years ago
) The typical family on the Planet Econ consumes 10 pizzas, 7 pairs of jeans, and 20 gallons of milk. In 2016, pizzas cost $10 e
Verdich [7]

Answer: um... Imma say 6 i guess i don't really know

Explanation:

5 0
4 years ago
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