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
Aneli [31]
3 years ago
13

Upon examination of his mortgage document, Jared finds a clause stating he will owe additional interest if he pays off his loan

within one year of the loan origination date. What type of penalty does this describe?
Business
1 answer:
irina [24]3 years ago
6 0

Answer:

Prepayment penalty

Explanation:

A prepayment penalty is charged when a borrower significantly writes down or offset his loan earlier than as planned in the loan agreement , especially within the first five year of taking the loan. Some lenders restrict repayment to a certain value before you can be fined.It serves as  a form of security on the lenders interest income.

It is calculated on the outstanding loan balance  which mean the longer you owe , the less your penalty and vice versa.

On the side of the borrower , accepting the clause in the loan agreement always come with a lower interest on loan

You might be interested in
A company uses proprietary computer software to offer services that other companies have not been able to emulate. These service
matrenka [14]

Answer:

C. Distinctive competence

Explanation:

Distinctive competence -

It refers to the complete skill and practice , which enables to give rise to a very tough competition to the rest of the organisations , and thereby makes the particular organisation to stand out from crowd , is referred to as the distinctive competence .

The distinctive competence of a particular company or firm act as a weapon or a protective agent during their tough time .

Hence , from the given scenario of the question ,

The correct answer is C. Distinctive competence .

8 0
3 years ago
Joanne owns a bakery that has been in business for over three years. Lately, she hasn't
denpristay [2]

Answer:

She shouldmove maybe 1 of the employees as manager that manages the taxes and general paperwork and give the employees what to do each week or just each shift if thats working but it doesnt seem too productive

Explanation:

7 0
3 years ago
On January 1, Greene Inc. issued $5,000,000, 9% bonds for $4,685,000. The market rate of interest for these bonds is 10%. Intere
skad [1K]

Answer:

b.$296,500.

Explanation:

Calculation to determine what Greene should report as unamortized bond discount

First step is to calculate the discount amount

Discount Amount= ($5,000,000 × .09) - ($4,685,000 × .10)

Discount Amount= $18,500

Now let determine the unamortized bond discount

Unamortized bond discount=$315,000 - $18,500 Unamortized bond discount= $296,500

Therefore Greene should report unamortized bond discount of $296,500

5 0
3 years ago
The companies that measure the program audiences of TV and radio stations for advertisers and broadcasters are known as
dusya [7]

Answer:

Rating Services

Explanation:

Rating Services are forms of media infographic services that assess and calculate the program audiences of Television and radio stations for various advertisers and broadcasters by selecting a representative sample of the market and then provide detailed data on the quantity and qualities of the viewers or listeners.

Hence, the right answer is Rating Services.

4 0
3 years ago
Assume that you have already completed a 5-year international assignment working for KPMG as a Tax Consultant in Singapore.
lana [24]

Based on the information, it can be deduced that it's an indication of the uncertainty that exists in the Vietnamese cultural model.

From the complete information, Vietnam has low points in the avoidance index. This implies that they're less associated with their cultural roots and don't have concern for hiring white people.

Some of the solutions that can be applied for training the workers include providing them with ethical and language-based training and also encourage a team culture.

Learn more about model on:

brainly.com/question/25993624

4 0
2 years ago
Other questions:
  • A manufacturing firm is considering two locations for a plant to produce a new product. The two locations have fixed and variabl
    10·1 answer
  • What ROI will you need to double your money in 12 years​
    13·1 answer
  • Selected information from Large Corporation's accounting records and financial statements for 2013 is as follows ($ in millions)
    14·1 answer
  • Arctic Cat sold Seneca Motor Sports a shipment of snowmobiles. The snowmobiles were delivered on January 1, 2021, and Arctic rec
    7·1 answer
  • How much of a song can I use in a project ?
    12·1 answer
  • An example of a country's businesses spending on capital when calculating the GDP using the expenditures approach is _____.
    10·2 answers
  • Doanh nghiệp được trích trước tiền lương nghỉ phép của toàn bộ người lao động trong công ty. Đung hay sai
    8·2 answers
  • In early 2018, selected automobiles had an average cost of $20,000. The average cost of those same motor vehicles is now $24,000
    8·1 answer
  • Second-degree price discrimination: Multiple Choice results in transfer pricing. None of the answers are correct. is the practic
    9·1 answer
  • Consider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the follow
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!