Answer:
Explanation:
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Answer:
B). With an amortized loan, a larger proportion of each month's payment goes toward interest in the early periods.
Explanation:
Amortization is referred to as a process or accounting technique that divides the amount of loan into a series or chain of fixed monthly payments. It reduces the book value of loan periodically/gradually as the debt is being paid off in installments. As per the question, the statement that asserts a true claim is option B which states that with an amortized loan, a great portion of each month's payment goes towards interest due to the addition of high-interest rates over the principal. Thus, option B displays a true assertion.
El Niño is a band of warm ocean water that develops in the central and east-central Pacific Ocean. It refers to the oscillation refers to the cycle of warm and cold temperatures and is accompanied by high air pressure in the western Pacific and low air pressure in the eastern Pacific. Its oscillation afects the climate in South and North America and the Pacific islands bringing the change in climate and massive rainfall.
Answer:
Explanation:
The Boston tea party was a political protest from the colonials in America aimed at Britain. Basically, Britain had just passed a tax on tea for those living in America, so the colonials decided to protest by dumping the tea into the Boston Harbor. This fuelled tension between Britain and America, and was part of the reason why Americans had the revolutionary war, which lead to the independence of America from Britain.
