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3 years ago

Simple interest is paid only on the .

Business

2 answers:

sasho [114]3 years ago

8 0

Explanation:

Simple interest is paid only on the borrowed amount.

When a person borrows money from bank or any financial institution, he has to pay an interest for borrowing the money. A percentage is being set by the lender and the borrower has to pay that percentage on the amount of money he borrowed on monthly basis to the lender. Loans are usually given to the people by having their precious assets as a collateral and then setting a percentage of interest on the borrowed amount. So when the borrower will finish the repayment of loan, he can withdraw his collateral, otherwise his collateral will be kept by the lender if the borrower fails to payback the loan.

jekas [21]3 years ago

3 0

Answer:

Simple interest is paid only on the original amount borrowed.

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Market in which goods and services are bought and sold.

kykrilka [37]

Answer:

the correct answer is D, product market.

Explanation:

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3 years ago

How environmental markets can improve an energy market portfolio

enyata [817]

Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.

<h3>What do you understand about environmental markets?</h3>

Environmental markets can be defined as a progressive coverage method to leverage investment for environmental conservation on non-public lands. They can function as a supplement to conventional conservation programs.

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2 years ago

What happens if the amount of Bad Debt Expense is overstated at year end? A : Net income will be overstated. B : Allowance for D

Yuri [45]

Answer:

D. Net Accounts Receivable will be understated

Explanation:

5 0

3 years ago

The cross-price elasticity of demand measures the a. percentage change in the quantity demanded of one good in one location divi

LenaWriter [7]

Answer:

d. percentage change in the quantity demanded of one good divided by the percentage change in the price of another good.

Explanation:

Price-demand elasticity measures the demand sensitivity of a good when a change in the price of another good occurs. For example, what happens to the demand for bread when the price of butter varies? This depends on the cross elasticity of demand since these goods tend to be complementary.

The price elasticity of cross demand between two goods is easily calculated by a formula where the numerator is the change in the quantity of a good and the denominator is the percentage change in the price of the complementary good.

If the calculation of elasticity is greater than 1, it means that the amount demanded for bread is sensitive (elastic) to the price of butter and tends to vary sharply. If the result is between 0 and 1, the demand is inelastic, that is, the amount of bread demanded will not change considerably when the price of butter varies. If the calculation is equal to 1, then the demand for bread varies perfectly with the price of butter.

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3 years ago

The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,450,000, and the December 31, 2016, balance sh

baherus [9]

Answer:

The firm's cash flow to creditors during 2016 was -$131,000.

Explanation:

Cash flow to creditors

= Interest expense - (Ending LT Debt - Beginning LT Debt)

= $99,000 - ($1,680,000 - $1,450,000)

= -$131,000

Therefore, The firm's cash flow to creditors during 2016 was -$131,000.

7 0

3 years ago