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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.

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Partners Ken and Macki each have a $40,000 capital balance and share income and losses in the ratio of 3:2. Cash equals $20,000,
tester [92]

Answer:

Partner Macki will eventually receive cash of $16,000

Explanation:

Macki has a $40,000 capital balance.

Income and losses ratio for Macki is 2

Total Income and losses ratio = 2 + 3 = 5

Calculating for Macki

Cash to be received by partner Macki

= $40,000 * 2/5

= $16,000

8 0
3 years ago
Read 2 more answers
The probability of getting a 5 when a die is tossed is what type of probability?
makvit [3.9K]

Answer: As the Oxford dictionary states it, Probability means ‘The extent to which something is probable; the likelihood of something happening or being the case’.

In mathematics too, probability indicates the same – the likelihood of the occurrence of an event.

Examples of events can be :

Tossing a coin with the head up

Drawing a red pen from a pack of different coloured pens

Drawing a card from a deck of 52 cards etc.

Either an event will occur for sure, or not occur at all. Or there are possibilities to different degrees the event may occur.

An event that occurs for sure is called a Certain event and its probability is 1.

An event that doesn’t occur at all is called an impossible event and its probability is 0.

This means that all other possibilities of an event occurrence lie between 0 and 1.

Explanation:

6 0
3 years ago
Read 2 more answers
Assume that an asset costing $72,000 is expected to produce 500,000 units and have a salvage value of $6,000. The first year, 90
anyanavicka [17]

Answer:

depreciable value = $72,000 - $6,000 = $66.000

depreciation expense per unit produced = $66,000 / 500,000 units = $0.132 per unit

depreciation expense year 1 = 90,000 x $0.132 = $11,880

depreciation expense year 2 = 82,000 x $0.132 = $10,824

depreciation expense year 3 = 94,000 x $0.132 = $12,408

Year          Depreciation expense          Book value

0                              $0                             $72,000

1                          $11,880                          $60,120

2                         $10,824                         $49,296

3                         $12,408                         $36,888

3 0
3 years ago
Freee brainliestjfjbfjhdbj
slavikrds [6]

Answer:

meeeeeeeeeeeeeee

Explanation:

3 0
3 years ago
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In which of the following situations could a research analyst use multiple regression? A real estate development company wants t
rjkz [21]

Answer:

A). A real estate development company wants to estimate the probable sales of construction services on the basis of marriage rates, population movement in the region, and interest rates on construction loans.

Explanation:

Multiple regression is elucidated as the statistical technique employed to determine the association between two or more dependent or response and independent/explanatory variables.

As per the question, the multiple regression can be employed in the first situation where 'a real estate company wishes to forecast the probable sales of construction on the basis of....loans.' Multiple regression analysis would help in representing the linear relationship between these two variables that helps in ensuring effective analysis and making predictions and ensuring optimum output. Thus, <u>option A</u> is the correct answer.

5 0
3 years ago
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