The amount of principal paid increases
Answer: Option C.
<u>Explanation:</u>
Installment loan advances incorporate any advance that is reimbursed with routinely booked installments or portions.
Every installment on a portion obligation incorporates reimbursement of a segment of the chief sum acquired and furthermore the installment of enthusiasm on the obligation.
Answer:
Chapter 7 bankruptcy
Explanation:
Chapter 7 bankruptcy is the most common type of bankruptcy filing and it can be filed by individuals, partnerships or corporations (anyone can do it). It is also the quickest and simplest form of bankruptcy filing. But if you are an individual, in order to qualify for Chapter 7 bankruptcy you must earn less than the median state income. Many people choose Chapter 7 bankruptcy since they can get to keep all or almost all of their property.
Answer:
$3,716,050
Explanation:
FV = PV × (1 + i)∧n
Present Value (PV) 3250000
Interest Rate (i) 0.015
Number of years (n) 9
(1 + 0.015) ∧ 9
3,250,000 x 1.1434
=$3,716,050
Answer:
Money multiplier for this economy is 5
Explanation:
Initial bank reserves = reserve deposit ratio * $500 = 0.2 * $500 = $100
1) increase in bank reserves by $1 , bank reserve deposit increases from $500 to $101 / 0.2 = $505 and the money supply increases by $505 - $500 = $5
2) increase in bank reserves by $5 , bank reserve deposit increases from $500 to $105 / 0.2 = $525 and the money supply increases by $525 - $500 = $25
3) increase in bank reserves by $10 , bank reserve deposit increases from $500 to $110 / 0.2 = $550 and the money supply increases by $550 - $500 = $50
as money supply rises by 5 times the increase in bank reserves , the money multiplier in this economy is 5.
Answer: B. different stages in the life cycle call for different marketing strategies.
Explanation:
A product goes through different stages in its development when it is first introduced into the market. These stages include the introductory stage, the growth stage, the maturity stage and the decline stage.
Each of these stages will mean a different level of sales for the product which means that the company will have to capitalize on the opportunities offered by each stage in order to market the product in such a way that it will sell. For them to do so though they will need to know what stage the product is at and that is why the Product Life Cycle is important.
