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ycow [4]
2 years ago
14

A $150,000 loan is to be amortized over 7 years, with annual end-of-year payments. Which of these statements is CORRECT? a. The

proportion of each payment that represents interest versus repayment of principal would be higher if the interest rate were higher. b. The proportion of each payment that represents interest as opposed to repayment of principal would be higher if the interest rate were lower. c. The annual payments would be larger if the interest rate were lower. d. If the loan were amortized over 10 years rather than 7 years, and if the interest rate were the same in either case, the first payment would include more dollars of interest under the 7-year amortization plan. e. The proportion of interest versus principal repayment would be the same for each of the 7 payments.
Business
1 answer:
Schach [20]2 years ago
3 0

Answer:

The proportion of each payment that represents interest versus repayment of principal would be higher if the interest rate were higher

Explanation:

Amount of interest component in a loan instalment will be higher as compared with principal amount in the initial period of repayment . As period lapses , interest amount reduces progressively and principal amount increases . When the tenure of loan is increased , proportion  of interest increases in an instalment .

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vodka [1.7K]
A general disk cleanup removes unnecessary files (C). 
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I hope this answers your question, good luck on your assignment. 

7 0
3 years ago
Which of the following is correct?
Alex17521 [72]

Answer:

The correct answer is b) "The greater the degree of product variation, the greater is the excess capacity problem."

Explanation:

Excess capacity means that the demand for a stock is less than the quantity that the company probably could provide to the market.

  • The greater the degree of product variation, the greater is the excess capacity problem.
  • A lower scale of output than it has been designed for creates an excess of capacity.

4 0
3 years ago
Question #2: Why should we simplify expressions in algebra Using race
rusak2 [61]

Answer:

Why should we simplify expressions in algebra Using race?

Learning how to simplify an expression is the most important step in understanding and mastering algebra. Simplification of expressions is a handy mathematics skill because it allows us to change complex or awkward expressions into simpler and compact forms.

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4 0
2 years ago
Read 2 more answers
Consider the market for Ping golf clubs. Suppose the price of memberships at local golf courses increases. Assume memberships at
Tema [17]

Answer:

Left

Explanation:

Complement goods are goods that are used together. If the price of one good goes up, consumers would demand less of the other good.

If the price of club membership increases, the demand for club membership would fall. Since membership has fallen ,there won't be need to purchase golf clubs as they are complements, so the demand for golf clubs would fall and the demand curve for golf clubs would shift to the left.

I hope my answer helps you

5 0
3 years ago
Sara spends $25 for an all-day ticket to an amusement park. After one ride, it begins to rain and she wishes she had never come.
iren2701 [21]

Answer:

False.

Explanation:

False, it is given that Sara spends $25 for all-day ticket in the amusement park. However, this is a shuck cost that she can not recover. Moreover, she has taken one ride so marginal analysis shows that all his $25 is not wasted. She has utilized some portion of their money so we can not say that she has wasted all his money.

7 0
3 years ago
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