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pogonyaev
3 years ago
11

Partially amortizing mortgage loans require periodic payments of principal, but are not paid off completely over the loan's term

to maturity. Instead, the balance of the principal amount is paid at maturity in what is commonly referred to as a:_________.
A. balloon payment
B. early payment
C. up-front payment
D. payment cap
Business
1 answer:
goblinko [34]3 years ago
5 0

Answer:

A. balloon payment

Explanation:

This may also help:

https://quizlet.com/211116766/fin-370-chapter-15-flash-cards/

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George offers to sell his car to Suzy for $10,000 on the coming Sunday, to which Suzy agrees. They write down the details on a p
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Answer:

Promissory estoppel

Explanation:

Promissory estoppel means that in legal tenet that a promise or pledge can be enforced by law, actually if formulated without legal consideration, if the George now the (promisor) has made a pledge to a Susy the (promises) who then depends on that promise for a subsequent detriment. So what Promissory estoppel is expected to do is to stop the (George) promisor from insisting that an underlying promise should not be legally authorized or implemented. So Susy can sue George on the basis of promissory estoppel and get a reward for George's disappointment

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When Jim Poss bought used kitchen trash compactors to tinker with and then tried some reverse engineering to test the feasibilit
Aleonysh [2.5K]

Answer:

The correct answer is a.

Explanation:

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a). Break­even point = Total fixed costs ÷ Contribution margin ratio

Contribution ratio = Contribution margin ÷ Total sales

Contribution ratio = $822,212 ÷ $1,953,000 =  0.421

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b). Margin of safety = Total Sales - Break-even point

Margin of safety = $1,953,000 – $1,235,154= $717,846.

c) Target profit =(Total fixed costs + Target profit) ÷ Contribution margin ratio

Target profit = ($520,000 + $200,000) ÷ 0.421= $720,000 ÷ 0.421= $1,710,214

Explanation:

The Data sheet has been added as an attachment

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