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e-lub [12.9K]
3 years ago
6

Use the following chart to explain how the amount of principal affects the total cost of the loan

Business
1 answer:
german3 years ago
7 0

Answer: The higher the principal, the higher the total cost of the loan

Explanation:

From the chart shown we can see that the loan with a higher principal has a higher total cost than the loan with the smaller principal.

This happens because the interest rate attached affects larger figures more than smaller ones. 6.47% of $6,000 is $389 which is larger than 6.47% of $5,000 which is $324 (calculating the cost of a loan is more cumbersome than this but this shows the effect as well).

When compounded overtime, this difference will be even more and thus shows that larger principals cause larger total costs.

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Of the four steps in the army pr system, which step encompasses the activities of developing guidance for, providing appropriate
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Despite Saturated triglyceride  having  high  melting point  and  been  stable against  air  they  are  not  healthy. These  is  because saturated  triglyceride has no  double  bond  between carbon atom which  make  them tightly packed.These  bring  about an  increased low  density lipoprotein(LDL)in  human which  may  led  to  health problems.
6 0
3 years ago
Mark, who recently won a lottery, tells Sean that he will split his lottery winnings with him if Sean can arrange Mark's intervi
Zepler [3.9K]

Answer:

Sean arranging the interview with his boss

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3 years ago
Regan company operates its factory on a two-shift basis and pays a late-shift differential of 15%. regan also pays a premium of
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The <span>amount of direct labor should Regan charge to work-in-process is the wages at base direct-labor rates, which is $325,000.00.  Shift Differentials and Overtime Premiums are not included,</span>
3 0
3 years ago
A company that manages apartments decides to buy 15 new dishwashers at a list price of $550 each as replacements for old dishwas
Aliun [14]

Answer: $410 per dishwasher

Explanation: From the question above, 15 new dishwashers were bought at a list price of $550 each.

it is eligible for a $150-per-unit quantity discount because it is buying more than 10 units at once.

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What is the final price the company will pay for each dishwasher?

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8 0
4 years ago
What percent increase when 8 is made to 10​
victus00 [196]

Answer:

25 percent

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Explanation:

i hope you understand

3 0
3 years ago
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