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Kazeer [188]
3 years ago
6

If you borrow​ $100,000 at an annual rate of​ 8.00% for a 10minusyearperiod and repay with 10 equal annual endminusofminusthemin

usyearpayments of​ $14,902.95, then you have just repaid what type of​ loan?
Business
1 answer:
Ivahew [28]3 years ago
3 0

Answer:

Amortized loan

Explanation:

An amortized loan is a loan with scheduled periodic payments that are applied to both principal and interest. An amortized loan payment first pays off the relevant interest expense for the period, after which the remainder of the payment reduces the principal.

Interest is calculated based on the most recent ending balance of the loan and the interest amount owed decreases as payments are made. This is because any payment in excess of the interest amount reduces the principal, which in turn, reduces the balance on which the interest is calculated.

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Many times a business sends out a multitude of materials to people across the country. If for every document they want to showca
leva [86]

Explanation:

In the Precipitation Map of Washington, the dark orange section indicates low rainfall in the region. Using the Shaded Relief Map of Washington, you can tell that this area is flat, possibly a plain. These areas normally don't get a lot of moisture. The Washington Precipitation Map has regions that are dark purple and dark orange. This means that they both get a lot of rain every year. If you look at these areas on the Washington Shaded Relief Map, you can see that these areas with a lot of rainfall are mountainous.

On the Washington Precipitation Diagram, purple/blue means more rain, and orange/red means less rain. Washington's Shaded Relief Map shows the mountains (br)

5 0
3 years ago
Student Emergency Financial Services, Inc., which makes small loans to college students, offers to lend $550. The borrower is re
Step2247 [10]

Answer:

Interest per week=17.4%

Explanation:

Using equation

F=P(1+i)^n

where n is the time period,P is the present value and F is the future value

Given F=550,P=42 and n=16 solving equation we will get

i=17.4%

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3 years ago
Assume that one year ago, you bought 130 shares of a mutual fund for $27 per share, you received an income distribution of $0.12
Anika [276]

Answer:

Solution:

Dollar amount of total return = Capital gain distributions + Change in market value

First, we calculate the capital gain distributions

Income and capital gains distribution = ($0.12 + $0.22) x 130 shares

Income and capital gains distribution = $44.2

Now, we calculate the change in market value

Change in market value = Sales Price - Purchase price

Change in market value = 130 x $24 - 130 x $27

Change in market value = -$390

Therefore,

Dollar amount of total return = $44.2 + (-$390)

Dollar amount of total return = -$345.80

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3 years ago
You are driving a car that does not have anti-lock brakes (abs). if the road is slippery and you need to make an emergency stop,
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Pull the emergency brake
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The control systems used in international firms include: personal, bureaucratic, output and Blank______.
Taya2010 [7]

The control systems used in international firms are;

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  • bureaucratic
  • output
  • Scientific

<h3>What is the control system?</h3>

A control system serves as set of mechanical or personal devices that are used in regulating other other devices or systems.

In international firms this control system helps to monitor the ethics, standards that are required by the international firm in relation with other firms across the globe.

Learn more about control system at;

brainly.com/question/14364696

6 0
2 years ago
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