1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lions [1.4K]
3 years ago
7

An amortized loan: Multiple Choice requires the principal amount to be repaid in even increments over the life of the loan. may

have equal or increasing amounts applied to the principal from each loan payment. requires that all interest be repaid on a monthly basis while the principal is repaid at the end of the loan term. requires that all payments be equal in amount and include both principal and interest. repays both the principal and the interest in one lump sum at the end of the loan term.
Business
1 answer:
babymother [125]3 years ago
7 0

Answer:

The correct answer is: may have equal or increasing amounts applied to the principal from each loan payment.

Explanation:

Amortization can be defined as the process of spreading out the loan in monthly payments. An amortized loan has scheduled periodic payments for both interests as well as principal. If the payments for each period are equal it is called a fully amortized loan.

In amortized loans the interest is paid off first then the amount excess of interest reduces the principal. A common example of amortized loans is auto loans, home loans.

The payments for amortized loans can be equal or unequal for each period.

You might be interested in
A budget is used to do which of the following
Leya [2.2K]

Answer:

A budget is a financial plan used to estimate future income and expenses. The budgeting process may be carried out by individuals or by organizations. Budgets help an entity determine whether it can continue to operate with its projected income and expenses.

Explanation:

thank me later

6 0
3 years ago
Three graduate business students are considering operating a fruit smoothie stand in the Harbor Springs, Michigan, resort area d
Leviafan [203]

Answer:

a. 8,000 + 1,000 + 3.2Q

b. 27,000 + 3.2Q

c. 15,000 Units

Explanation:

a. The accounting cost function is shown below:-

Accounting cost function = Fixed Leasing and insurance cost + material cost and supplied cost

= 8,000 + 1,000 + 3.2Q

b. The economic cost function is shown below:-

Economic cost function  = Accounting cost + Opportunity cost

= 9,000 + 3.2Q + 3*6,000

=27,000 + 3.2Q

c. The computation of break even point is shown below:-

Break even Point = Total Fixed Cost ÷ Price - Average Variable cost

= 27,000 ÷ 5 - 3.2

= 15,000 Units

8 0
3 years ago
Suppose that a chicken farm uses a nearby stream to dispose of the wastes released by its chickens. These wastes flow downstream
NeTakaya

Answer:

d. Charities

Explanation:

From the question, we are informed about the Supposed chicken farm which uses a nearby stream to dispose of the wastes released by its chickens. These wastes flow downstream into a lake that has become thick with algae and polluted due to the minerals in the waste matter. The local office of a nonprofit environmental organization successfully lobbies state regulators to stop the farm's pollution. In this case, the types of private solutions to the externality of pollution that has occurred is charity. Private solutions to externalities can varies from charities, business mergers as well as moral codes, all working at self interest of the relevant parties. according to Coase theorem, at low transaction cost two parties can reach efficient outcome after bargaining when externality are present. Charity can be regarded as generosity as well as helpfulness towards those that are less privilege or that are needy and cannot raise their voice.

7 0
3 years ago
The purpose of consuming a balanced diet is to give the body _______.
Bogdan [553]
C.Plenty of nutrients
3 0
3 years ago
Read 2 more answers
Based in Fairmont, WV, the Internet Fraud Complaint Center is run by the FBI and the National White Collar Crime Center with the
9966 [12]

The Internet Fraud Complaint Center, run by the FBI and the National White Collar Crime Center, indeed analyzes fraud-related complaints.

<h3>What is the Internet-Fraud Complaint Center?</h3>

The Internet-Fraud Complaint Center, based in Fairmont, WV, handles the following internet-related complaints:

  • Intellectual Property Rights ( IPR ) matters
  • Computer Intrusions (hacking)
  • Economic Espionage (Theft of Trade Secrets)
  • Online Extortion
  • International Money Laundering.

Thus, the Internet-Fraud Complaint Center is run by the FBI and the National White Collar Crime Center to analyze fraud-related complaints.

Learn more about the Internet Frauds at brainly.com/question/3422329

5 0
2 years ago
Other questions:
  • A produce distributor uses 773 packing crates a month, which it purchases at a cost of $11 each. The manager has assigned an ann
    15·1 answer
  • Amanda wants to start a business to sell handmade jewelry. She is very competent at making the jewelry and teaching others to ma
    7·2 answers
  • Debit means increase and credit means decrease for all accounts. true false
    14·1 answer
  • An entrepreneur takes a risk to create a new product or a better way to operate a business.
    9·2 answers
  • Accounting for lean operations requires fewer transactions because
    9·1 answer
  • Classify each of the following financial statement items based upon the major balance sheet classifications. select a major bala
    11·1 answer
  • Mister Jones was selling his house. The asking price was $220,000, and Jones decided he would take no less than $200,000. After
    5·1 answer
  • A service auditor's report on a service center should include a(n) :A. Detailed description of the service center's internal con
    5·1 answer
  • Lion Corp. has a $10,000 par value bond outstanding with a coupon rate of 4.8 percent paid semiannually and 22 years to maturity
    14·1 answer
  • Volleyball helps people reach their fitness goals by __________. A. using teamwork to win B. improving balance and agility C. im
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!