The Oxford Provident Building Association was the first _______

The schedule showing how monthly mortgage payments are split into principal and interest is called a(n) Group of answer choices

allochka39001 [22]

Answer:

Amortization schedule.

Explanation:

Amortization schedule is is a table that's shows periodic payments that is made on a loan. It shows the principal and the interestbthat is paid for each period till the loan is completely paid off at the end of its term.

Usually initial payments comprise more of the interest to be paid and less of principal amount (for example principal of $7 and interest of $78).

Later payments are made up of more of the principal and less of interest (for example principal of $80 and Interest of $5)

Percentage of interest component decreases while percentage component of principal increases.

7 0

3 years ago

Read 2 more answers

Brand x batteries have a mean life span of 102 hours, with a standard deviation of 6.8 hours. brand y batteries have a mean life

prohojiy [21]

Answer:

about 68% of brand x’s batteries have a lifespan between 95.2 hours and 108.8 hours. about 68% of brand y’s batteries have a lifespan between 98.6 hours and 101.4 hours. the life span of brand y’s battery is more likely to be consistently close to the mean.

Explanation:

According to the empirical rule (68–95–99.7 rule) for a normal distribution, 68% of the data falls within the first standard deviation (μ ± σ).

Given for brand x, mean (μ) = 102 hours and standard deviation (σ) = 6.8 hours.

first standard deviation (μ ± σ) = 102 ± 6.8 = (95.2, 108.8)

about 68% of brand x’s batteries have a lifespan between 95.2 hours and 108.8 hours.

Given for brand y, mean (μ) = 100 hours and standard deviation (σ) = 1.4 hours.

first standard deviation (μ ± σ) = 100 ± 1.4 = (98.6, 101.4)

about 68% of brand x’s batteries have a lifespan between 98.6 hours and 101.4 hours.

Since the standard deviation of brand y is smaller than that of brand x, brand y battery is more likely to be consistently close to the mean

5 0

4 years ago

Jasmine is the director of marketing for a chain of clothing stores. She has been given a set budget and needs to drive as many

MArishka [77]

Answer: maximize click bidding strategy

Explanation:

Being the director of marketing, Jasmine should use “Maximize Click” bidding strategy if She has been given a set budget to drive as many potential customers as possible to her clothing stores chain website.

Maximize clicks bidding strategy is set bids to try to get you as many clicks as possible within a target spend amount that you choose.

7 0

3 years ago

1. Briefly explain two possible disadvantages to a sole trader of changing to a

Ierofanga [76]

Answer:

Sole trader has independence of decision making and unlimited liability for debts which is not the case with Private limited company

Explanation:

Two possible disadvantages to a sole trader of changing to a Private limited company are as follows -

a) As a sole trader there is unlimited liability for debts while in case of private limited company the the transfer ability of shares gets restricted.

b) The sole trader is the sole decision taken while in case of private limited company the joint decision can be taken by the co owners.

7 0

3 years ago

n November, Townhouse Corporation sold 2,100 units of its only product. Its total sales were $195,300, its total variable costs

polet [3.4K]

Answer:

a.

Townhouse Corporation

Contribution Margin Income statement

for November, xxxx

$

Sales 195,300

Variable cost (84,000)

Contribution 111,300

Fixed Cost (98,700)

Net Income 12,600

b.

Townhouse Corporation

Contribution Margin Income statement

for November, xxxx

$

*Sales 213,900

*Variable cost (92,000)

Contribution 121,900

Fixed Cost (98,700)

Net Income 23,200

Explanation:

* Working

b.

Sales and variable cost will vary with the sales volume as below:

Sales price = 195,300 / 2,100 = $93 per unit

Sales = $93 x 2,300 Unit = $213,900

Variable cost per unit = $84,000 / 2,100 = $40 per unit

Total Variable cost = $40 x 2,300 units = $92,000

Fixed cost will not change with the change in sale volume.

6 0

3 years ago

The Oxford Provident Building Association was the first ________ to form in America.