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a_sh-v [17]
3 years ago
8

The borrower of an amortized mortgage makes most of the payment during the early life of the mortgage: Multiple Choice towards t

he principal. towards the interest. equally towards the principal and interest. mostly towards the principal rather than interest. None of these choices are correct.
Business
1 answer:
dexar [7]3 years ago
3 0

Answer:

The correct answer is letter "B": towards the interest.

Explanation:

Mortgage payments are composed of the principal and the interest. <em>During the early life of the mortgage, most of the payments go towards the interest because it is calculated according to the outstanding balance of the mortgage</em>, which is higher at the beginning but as the loan approaches, the maturity date most of the payments will be directed to the principal and a minimum to interest.

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When prices are sticky in the short-run, the economy is forced to respond to shocks in the economy with changes in:
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output and employment

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Hummingbird Corporation, a closely held C corporation that is not a PSC, has $240,500 of net active income, $96,200 of portfolio
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$72,150

Explanation:

Calculation to determine Hummingbird’s taxable income for the year

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To introduce Halo 7, a new video game, the director of marketing for Microsoft Game Studios created a complex marketing scheme t
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Molly wants to start a new business in collaboration with her husband and sister-in-law. the features she is looking for in the
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The type of business ownership is best suited to her needs limited partnership. Thus option (C) is correct.

<h3>What is Partnership Business?</h3>

A partnership business consists of two or more individuals who pool their resources to create a company and agree to split the risks, rewards, and losses.

Law firms, medical groups, real estate investment firms, and accountancy groups are examples of common partnership businesses.

According to the above, scenario, Molly with her husband and the sister-in- law as partners wanted to start a business. She wants faster decision making, least regulation and ease in doing business.

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Thus option (C) is correct.

Learn more about partnership here:

brainly.com/question/12983082

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7 0
2 years ago
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