Answer:
The answer is $26,900
Explanation:
The interest payment on $175,000 principal is:
8% x $175,000
$14,000
At the end of each year, both principal and interest payment will be paid.
The total payment for December 31, Year 1 is $40,900. Meaning this contains both the principal and interest payment.
So in the light of the above, the principal out of this money will be:
Total amount paid minus interest paid.
$40,900 - $14,000
=$26,900
Answer: Operations and maintenance
Explanation:
A municipal bond, is simply a bond that is issued by a either a territory, its agency or the local government, to help finance public projects like infrastructure, airports, roads, schools, and seaports.
Therefore, when a municipal bond has a net revenue pledge, the first item that gets paid from the revenue received will be for Operations and maintenance.
Answer:
B. Good. It means your loan is paid off.
Explanation:
When the account says "Pay as agreed," it means all the payments have been made in full and within the time agreed with the creditors. On the credit report, the ''pay as agreed'' is a status that shows all payments were made as per the terms of the creditor.
The "pay as agreed'' status shows the customer as a low-risk borrower. A lender will be willing to advance credit to such customers.
Answer: structured or quantitative
Explanation: i just took the test ( for PLATO users )
