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topjm [15]
3 years ago
9

In each succeeding payment on an installment note:

Business
1 answer:
Serggg [28]3 years ago
5 0

Answer:

In each succeeding payment on an installment note:

b. The amount that goes to interest expense decreases.

Explanation:

With each installment settled, the principal amount will continue to reduce and as a result, the amount that will be recognized as interest expense will also decrease.  This is because the interest expense is calculated based on the principal amount, which is decreasing with each installment.  The interest expense for a previous period will not be the same for the future period.

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When calculating a loan’s effective rate, if the interest compounds every two months, what value of n do you plug into your eq
maks197457 [2]

When calculating a <u>loan's effective rate</u> and interest compounds <u>every two months </u>then the<em> value of n</em> would be 6.

In a year there are 12 months and when the interest rate is said to be compounded in every two months then it implies that the <u>number of months </u>would be <em>6 months. </em>

<em />

Thus, the calculation of<u> compounded interest</u> would be derived with the following formula:

A=P(1+\frac{r}{m} )^{mt}

Learn more about the effective rate of interest here:

brainly.com/question/26077394

5 0
2 years ago
Today, land in urban areas typically is used for housing, transportation, and other structures, rather than for agriculture, pri
kiruha [24]

Answer:

D. transportation time and shipping costs being reduced

Explanation:

In the case of the urban areas, the used of housing, transportation, the other structures would be considered instead of the agriculture and this is because of the time incurred for the transportation and the cost of the shipping could be decreased

So as per the given situation, the option d is correct

3 0
3 years ago
On March 12, Klein Company sold merchandise in the amount of $7,800 to Babson Company, with credit terms of 2/10, n/30. The cost
Ber [7]

Answer:

Dr cash                   $7,644

Dr sales discount $156

Cr accounts receivable          $7,800

Explanation:

The cash received is less of a discount of 2% since payment in respect of the sale was received within the discount period.

Cash received=$7,800-($7800*2%)=$ 7,644.00  

Discount =$7800-$ 7,644=$156

The accounts receivable would be credited with $7,800 while cash and sales discount would be debited with $7,644 and $156 respectively

4 0
3 years ago
A firm's average cost increases as it increases its output by expanding its plant and hiring additional workers (its only inputs
Zinaida [17]

Answer: D. incorrect because all inputs are varied in the example.

Explanation: While marginal productivity describes the extra output, or return, or profit gotten per unit by benefits from the production inputs of a company, the law of diminishing marginal productivity is one that recognizes that the quantity of all inputs of production cannot be changed at one time. The owner's reasoning of attributing the increase in per-unit costs on the law of diminishing marginal productivity is  incorrect because all inputs are varied in the example. Marginal productivity eventually declines because some inputs are fixed, but however, in the long run where no inputs are fixed, the law does not apply.

7 0
3 years ago
The positioning strategy can help communicate the firm’s or the product’s ________, which communicates the customer benefits to
adell [148]

The positioning strategy can help communicate the firm’s or the product’s value proposition , which communicates the customer benefits to be received from a product or service and thereby provides reasons for wanting to purchase it.

<h3><u>Explanation:</u></h3>

A value proposition is a cost you agree to present to your customers post-purchase. It’s eventually what does your product engaging to your perfect customer.  A value proposition shows prospects why they should do business with you rather than your opponents and gives the advantages of your products or services crystal clear from the outset.

A value proposition reaches as a commitment by a company to a customer or market segment. A company's value proposition relates to the number one purpose why a product or service is extremely satisfactory for a customer segment.

4 0
3 years ago
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