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kumpel [21]
4 years ago
10

In each succeeding payment on an installment note

Business
1 answer:
Mila [183]4 years ago
7 0

The amount of principal paid increases

Answer: Option C.

<u>Explanation:</u>

Installment loan advances incorporate any advance that is reimbursed with routinely booked installments or portions.

Every installment on a portion obligation incorporates reimbursement of a segment of the chief sum acquired and furthermore the installment of enthusiasm on the obligation.

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Under the Electronic Fund Transfer Act, which two banking practices are part of the consumer’s responsibility?
ella [17]

The correct choices are;

<u>"A. knowing rights and responsibilities relating to money transfers  </u>

<u>C. notifying the bank of lost credit or debit cards".</u>


The Electronic Funds Transfer Act is a government law that secures shoppers occupied with the exchange of assets through electronic techniques. This incorporates the utilization of charge cards, computerized teller machines and programmed withdrawals from a financial balance. The demonstration likewise gives a methods for rectifying exchange blunders and restricts the risk from any misfortunes because of a lost or stolen card.

7 0
3 years ago
Read 2 more answers
Fit-for-Life Foods reports the following income statement accounts for the year ended December 31.
Alenkinab [10]

Answer: Check attachment

Explanation:

Note that, in the attachment, the total expense was calculated as the addition of the selling expense and the general and administrative expenses. This will be:

= $49700 + $34110

= $83810

Operating income was calculated as:

= Gross profit - Total expenses

= $107200 - $83810

= $23390

Check the attachment for further details.

4 0
3 years ago
PLEASE HELP ME<br> My career is a traveling nurse
Damm [24]

Answer:

Step by step explanation

5 0
3 years ago
The Typhoon Resort, which has 100 rooms, has currently been experiencing an occupancy dip to a 60.00% level. The current rack ra
BlackZzzverrR [31]

Answer:

the current total contribution margin = 100 x 60% x ($80 - $20) = $3,600 per day

scenario 1: $10 discount

$3,600 = 100 x ?% x ($70 - $20)

$3,600 = $5,000 x ?%

$3,600 / $5,000 = ?%

occupancy rate = 72%

scenario 2: 10% discount

$3,600 = 100 x ?% x ($72 - $20)

$3,600 = $5,200 x ?%

$3,600 / $5,200 = ?%

occupancy rate = 69.23%

5 0
3 years ago
James owns a vacant property. By law, he can build the following building types, which generate a return on investment as listed
Dima020 [189]

Answer:

Office building

Explanation:

The formula to compute the return on investment is shown below:

Return on investment = Operating Income ÷ Average Operating Assets

It is a mix of operating income and the average operating assets through the return on investment could be computed

Since the return on investment is already given in the question

And, the higher return on investment is the best one for property use

So the office building has a higher return on investment i.e 13.5% which reflects the best for property usage.

6 0
3 years ago
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