Hi, these are your answers:-
1. When you pay back a loan, you only have to pay the principle amount that was borrowed. <em><u>False.</u></em>
<em>Brief answer:- You have to pay Compound interest and tax also.</em>
2. A budget is a financial plan<em>.</em><em> </em><em><u>True</u></em>
Hope it helps you...
Answered by Benjemin ☺️
✅
I say C makes the most since in the sentence
<h2>Humbert <u>High internal </u>locus of control</h2>
Explanation:
Let us understand the term internal locus of control.
Internal locus is having a high belief on oneself. The term can be explained in deeper saying, a person belief himself that he is sole responsible for the result which is derived from his own action.
For eg:
Every person would be expecting his school results. So depending on the result like pass or fail, a person with high internal locus believe that, he has done well so he got pass, or he has not prepared properly so he failed.
Answer:
₱ 16,300.054
Explanation:
The formula for calculating simple interest is as below.
I= p x r x t
In this case, p= 14,800, r = 4.35% and t is 2 years and 4 months
the interest rate is in years; we need to convert two years and four months to years.
=4 months = 4/12 of one year = 0.33
2 years 4 months = 2.33 year
I= 14,800 x 4.35/100 x 2.33
I= 14,800 x 0.0435 x 2.33
I=1,500.054
the amount in the bank will be principal plus interest
=14,800 + 1500
=16,300.054
Answer:
$939,220
Explanation:
6400000 +12000000 = 18400000
we have to calculate the average interest on the general borrowing
= (10% of 6400000/ 18400000) + (11% of 12000000/18400000)
= 10% x 0.3478 + 11% x 0.65217
= 0.03478 + 0.0717
= 0.10648
= 10.65%
avoidable interest = (amount borrowed x percentage) + (expenditure-amount borrowed) x 10.65%
= 3200000*12% + (8,413,333-3200000)x10.65%
= 384000 + 555219.9
= $939,219.9
≈ $939,220
