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yan [13]
3 years ago
7

Which of the following statements is true of amortization? Amortization solely refers to the total value to be paid by the borro

wer at the end of maturity. The computation of loan amortization is wholly based on the computation of simple interest. The amortization schedule provides principal, interest, and unpaid principal balance for each month. The amortization schedule represents only the interest portion of the loan.
Business
2 answers:
Sidana [21]3 years ago
7 0

Answer:

The amortization schedule provides the data of equated monthly payments for which the classification of principal and interest along with unpaid principal balance is provided.

Explanation:

The true statement of amortization is that amortization schedule provides the data of equated monthly payments for which the classification of principal and interest along with unpaid principal balance is provided.

lesantik [10]3 years ago
5 0

Answer:

The amortization schedule provides principal, interest, and unpaid principal balance for each month.

Explanation:

When you are paying a loan, the amortization schedule (or table) should include the following information:

  • principal balance at the beginning of the period
  • total payment
  • interest paid (interest is always paid first)
  • amount of principal paid
  • principal balance at the end of the period after the payment (this will be the next period's beginning balance)

The Homeowners Protection Act (HOPA) requires that banks provide an amortization schedule for mortgage loans, but on most loans banks are only required to provide a payment schedule. An amortization schedule is useful because the more information you have about how much you owe and what you are paying, the better.

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what is the total amount of final goods and service produced in a country that people, businesses, governments, and foreigners p
Bas_tet [7]

The total amount of final goods and service produced in a country that people, businesses, governments, and foreigners plan to buy is Gross domestic product (GDP).

<h3>What is Gross domestic product (GDP)?</h3>
  • GDP is a metric for a country's economic output. GDP is a measure of the overall economic output of new products and services in a particular year.
  • The circular flow diagram can be used to illustrate GDP as a flow of income moving in one direction and expenditures on resources, products, and services moving in the opposite way.
  • According to this model, households purchase goods and services from businesses, and vice versa.
  • The circular flow figure shows how the national income calculation methods of using income and expenditures are equivalent.
  • Money (revenue from the sale of the commodities, services, and resources) travels counterclockwise in this picture while goods, services, and resources go clockwise.

Learn more about the Gross domestic product (GDP) with the help of the given link:

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5 0
1 year ago
When there is a time gap between when a message is sent and when it's received, one is using ___.
Montano1993 [528]

Answer:

The correct answer is: asynchronous communication.

Explanation:

Asynchronous communication is the type of communication that is deferred among people, meaning it does not match in time. In other words, it takes place when a message is sent without the expectation of an immediate response. Within the work frame, a is being promoted rather than synchronous communication because the latter allows small chat or informal communication to be spread.

5 0
3 years ago
we come to them who weep foolishly and sit down and cry for company, instead of imparting to them truth and health in rough elec
gtnhenbr [62]

Answer:

Emerson elaborates what is know as rough love

Explanation:

Sometimes to bring out the best in a person it is necessary to do things against his or her will, this happens a lot in cases where the parent educates the child or a close family member or friend worries for the welfare of the loved one, and is determined to taking action to change the situation and that includes applying discipline; or for example, hiding drinks from an alcoholic's son or even punishing a children for misbehave.

Emerson elaborates this in a succinct and not too apparent way, emphasizing the need for relationship with discipline.

4 0
3 years ago
Distinguish between planned economy and mixed economy?​
Anettt [7]

Answer:

CHECK THE EXPLANATION.

Explanation:

A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning whereas a mixed economy is an economy organized with some free market elements and some socialistic elements, which lies on a continuum somewhere between pure capitalism and pure socialism. ... Mixed economies socialize select industries that are deemed essential or that produce public goods.

4 0
2 years ago
Perit Industries has $190,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternat
Wewaii [24]

Answer:

Please see attachment

Explanation:

Please see attachment

3 0
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