Answer:
the Financial Accounting Standards Board or FASB for short so the answer is B
Answer:
The answer is 156.25
Explanation:
In the 1st year:
- Interest: 2,500 x 5% = 125
- Payment amount: 125 x 175% = 218.75
- Principal: 218.75 - 125 = 93.75
Hence, the principal payment in 20 year loan as follow:
10 x 93.75 + 10 x X = 2,500
=> X = 156.25
<span>The interest rate can drastically change the total amount paid to the lender</span>
Respected ________, I hope you are doing great in health. I am writing this letter to you so that I can ask you the permission of course change. As I am studying (Subject or course name) from last six months or one year and continuously my GPA is Decreasing and the studies are getting difficult as the semesters are passing.
Hope this helps :)
