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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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A business produces 10 units of output. Its average variable cost (AVC) = $25, average fixed cost (AFC) = $5, and marginal cost

kramer

Answer: $30

Explanation:

Given that,

Average variable cost (AVC) = $25

Average fixed cost (AFC) = $5

Marginal cost (MC) = $30

Average total cost (ATC) = Average fixed cost (AFC) + Average variable cost (AVC)

= $5 + $25

= $30

Therefore, average total cost is the sum of average fixed cost and average variable cost. Alternatively, average total cost is calculated by dividing total cost to units of output produced.

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3 years ago

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kirza4 [7]

Answer:

If this is the case then it is not valid.

Explanation:

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3 years ago

Consumers who take vitamin/mineral supplements should be aware that excessive intakes could pose hazards, and should refer to th

BaLLatris [955]

Answer:

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Explanation:

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4 years ago

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Answer:

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2. produces different numbers than a traditional system.

3. Is costly to maintain.

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3 years ago