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Reika [66]
3 years ago
5

Lesson 7-1 single payment loans

Business
1 answer:
kondaur [170]3 years ago
3 0

Explanation:

The whole principal plus any debt shall be paid by a single payment lender on the same day the lender expires. Instead of multiple instalments, individual interest loans concurrently calculate the full rate.

When should a single payment loan be considered?

If your loan amount of money is high, if you choose a single payment, you will pay a lower interest.

You might, for example, save $12,000 and try to spend $10,000 on shopping like a holiday or a bell. You don't want to deplete your savings because you have a single credit for payment. This can save more money in the future you will pay $10,000 for the loan without dropping the bank account.

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Answer:

d $630

Explanation:

Value added approach is a strategy for pricing a product which consider all the costs incurred and and all other factors which can effect the price of the product like how customer sees this product and how much he/she is willing to pay for this product etc.

Price of Designer dress = All cost incurred + Value added to the product

Price of Designer dress = ( 400 + 30 ) + 200 = $630

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The bank statement contained two bank memoranda:1. A credit of $2,242.00 for the collection for Bogalusa Company of an electroni
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Answer:

Cash                         2,157 debit

bank service expense 85 debit

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Explanation:

To record the bank memorand:

The collection in behalf of the firm will increase cash

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For the Company errors another entry will be made looking for errors between our numebrs and the bank.

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The purpose of cascading the balanced scorecard throughout the organization is: _____________
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Answer:

b. To ensure strict hierarchical control of the organization.

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A) number of projects completed

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