$50,000 is the principal amount.
When you initially apply for a house loan, you borrow a certain amount of money, which is known as the principle. Simply deduct your down payment from the final selling price of your house to determine your mortgage principal.
The formula for calculating the Principal amount would be P = I / (RT) where Interest is Interest Amount, R is Rate of Interest and T is Time Period.
I = $ 500
RT= .12 X 30/360
So,
P = I/RT
P= 500/0.01
P= $50,000
Holly loaned funds at 12 or 30 days and earned $500 in interest. The principal amount on this loan is $50,000
To learn more about the Principal amount
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Answer:
D. How will the questions be defined?
Explanation:
When devising a market research study, one of the first steps is to define the questions of the study.
These questions should be very specific, so that the information gathered by the research can effectively answer them.
For example, a good question for a market research study is "what percentage of marke share have competitors gained over us in the last two months for these two products".
That question is very specific, narrowly defined, and can be easily answered by gathering the appropriate information.
Corporate bonds generate higher rates of return than U.S. Treasury bonds.This statement is true
Explanation:
Corporate bonds are the bonds that are issued by the corporation.Whereas the US treasury bonds are issued by the US government.The US treasury bond offer taxation benefit to its purchasers whereas no such benefit is provided by a corporate bond.
Corporate bonds are the bonds that are considered to be risky in comparison to the bonds issued by the government and that is the main reason why they have greater rate of return than then goverment bonds
So we can say that .Corporate bonds generate higher rates of return than U.S. Treasury bonds.This statement is true
Answer: Formalization
Explanation:
Formalization could be defined as the length of an organization's policies, description and rules all spelt out for everyone to see. What makes up formalized structures or what we can know them for are their rules and regulations.
The jobs of these clerical and editorial employees are related to Formalization, they either form this rules out with the management or play the role of spelling it out(written) for all to see.
