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
Lana71 [14]
3 years ago
8

Which one of the following terms is defined as a loan wherein the regular payments, including both interest and principal amount

s, are insufficient to retire the entire loan amount, which then must be repaid in one lump sum?
A. Amortized loan.
B. Continuing loan.
C. Balloon loan.
D. Pure discount loan.
E. Interest-only loan.
Business
2 answers:
Harrizon [31]3 years ago
4 0

Answer:

C. Balloon loan

Explanation:

Balloon loans are loans that can not fully amortize over its term. They are loans that are paid of with a large single final payments. A lump sum amount. It involves the borrower paying back a lower monthly percentage in exchange for paying a large one time payments at the end of the loan term. Either fixed or flexible interest rate structure can be used on it. Ballon loans are usually reserved for conditions when a business has to wait until a specific period before receiving payment from a client for its product or services.

timurjin [86]3 years ago
4 0

Answer: (C) Ballon

Explanation:

This type of loan does not fully amortised at the end of its term. Since it is not fully amortized, hence a balloon payment is necessary at the end of the loan term to pay off the remaining initial principal balance of the loan. Balloon loans are usually attractive in short-term loans because they typically carry lower interest rates than loans with longer terms. However, the borrower must be aware of refinancing risks as there's a risk the loan might be reset at a higher interest rate which is not favorable to the borrower.

You might be interested in
Outlines give you a chance to organize your thinking before determining word choice and sentence structure.
Tresset [83]

Answer:

a. Make each sub-point exclusive

f. Divide the main topic into major components

Explanation:

Outline is a type of table of content that helps a reader to understand the scenario of the overall article or piece. Making an effective outline is a challenging task. However, the following things certainly can make an effective outline.

Putting the main idea in the title is one of them. Under the title, break the topic or title into major components (Option F). Using sub-points make the piece more relevant (Option A). Besides, moving sub-points to larger group or components make the article beautiful (Opposite of Option B). Do not separate the main topic from the title make an outline unclear (Opposite of Option D).

8 0
4 years ago
_____ is the degree to which a company relies on a provider because of the importance of the provider's product to the company a
ra1l [238]

Answer:

Supplier dependence

Explanation:

When an entity finds itself in a situation where it has to rely on a particular supplier or provider of service for its business operations, either as a result of not being able to get an alternative supplier or the importance of the suppliers product to the entity, such is called supplier dependence.

It is very risky for an entity to depend on a particular source for input. This reverse order of an entity depending on the supplier for business strategy instead of the supplier depending on the entity is not a good business practice.

It’s easy for our own strategy to be determined by what our suppliers are doing. If we become too dependent, we risk having our strategy set by our suppliers rather than having them support our strategy. I’ve been thinking a lot here recently about how much suppliers can direct you  

3 0
3 years ago
The relationship between the price charged for a product and the resulting demand level can be shown in a ________.
Neko [114]
Hello!

I believe the correct answer is: Demand curve.

I hope that was helpful! c:
7 0
3 years ago
In mid-October, Lambert expects to buy a new computer for $4,500 using the company credit card. Typically, the credit card bill
vfiekz [6]

Answer:

$6,000

Explanation:

Since it is stated in the question that "Typically, the credit card bill is paid in full in the following month", it implies that cash will be disbursed in October for purchases of goods made in September, while cash will be disbursed in November for purchases of goods made in October.

Based on this, Lambert's expected cash disbursement in October for purchases of goods made in September is $6,000, while his expected cash disbursement in November for purchases of goods (a new computer) made in October is $4,500.

8 0
3 years ago
Keisha is renting a one-bedroom apartment but allows her best friend to move in and pay $200 per month to sleep on the couch for
sasho [114]

Answer:

It would be A. None of these items.

Explanation:

Insurance would never cover a TV, headphones, and two laptops.

6 0
3 years ago
Other questions:
  • Mittelstaedt Inc., buys 60 percent of the outstanding stock of Sherry, Inc. Sherry owns a piece of land that cost $207,000 but h
    15·1 answer
  • Becoming the candy lady tips for advertising and employing
    14·1 answer
  • Lucy works in an office that has nonterritorial workspaces. this is new to her, and she would like to display good open office e
    7·1 answer
  • Before you could train as a physician, you first had to become _____.
    11·2 answers
  • When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at
    6·1 answer
  • As a person consumes more of a good or service, the person's _____ will increase. At the same time, this person's _____ will dec
    12·1 answer
  • Skymont Company wants an ending inventory each month equal to 30% of that month's cost of goods sold. Cost of goods sold for Feb
    8·1 answer
  • ​(Annuity payments) Calvin Johnson has a 5000 debt balance on his Visa card that charges 12.9 percent APR compounded monthly. In
    12·2 answers
  • Juanita makes $30 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $3
    6·1 answer
  • According to the theory of comparative advantage, countries and the world gain from trade because quizlet
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!