1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tems11 [23]
3 years ago
11

A $250,000 loan is to be amortized over 8 years, with annual end-of-year payments. Which of these statements is CORRECT? a. If t

he loan were amortized over 10 years rather than 8 years, and if the interest rate were the same in either case, the first payment would include more dollars of interest under the 8-year amortization plan. b. The proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower. c. The proportion of interest versus principal repayment would be the same for each of the 8 payments. d. The last payment would have a higher proportion of interest than the first payment. e. The annual payments would be larger if the interest rate were lower.
Business
1 answer:
Anarel [89]3 years ago
7 0

Answer:

The answer is "Option b".

Explanation:

In this scenario, the second option, which would be the percentage within each transaction that's also interest instead of the full amount, would've been lower if the rate of interest were lower because interest-related transactions would have been higher at lower rates and conversely, as opposed to the main refunds.

You might be interested in
What is the purpose of a cover letter?
wel
I think the correct answer from the choices listed above is option II. The purpose of a cover letter would be to <span>add more detailed information about experiences and skills that cannot be found in your curriculum vitae. Hope this answers the question.</span>
6 0
3 years ago
Read 2 more answers
Sorrento Skies Corporation issues 16.000 shares of $100 par value preferred stock for cash at $120 per share. The entry to recor
raketka [301]

Answer:

The correct option is D,credit to Preferred Stock for $1,600,000 and Paid-in Capital in Excess of Par-Preferred Stock for $320,000

Explanation:

The total par value of the preferred stock issue is $100 multiplied by 16,000 which gives $1,600,000 while the remaining $20 per share multiplied by 16,000 that gave rise $320,000 goes to the credit of paid-in capital in excess of par-preferred stock account.

Option A is wrong because the preferred has a par value of $100 hence the total cash proceeds cannot be posted to preferred stock account alone.

Option B is wrong because the excess of $20 per share cannot be posted to retained earnings since it is net income

7 0
2 years ago
Your company's intranet Web server has crashed. You must help re-create the server. A server administrator has copied a script f
nalin [4]

Answer:

a CGI script

Explanation:

Based on the scenario being described within the question it can be said that the most likely problem on the server is a CGI script. In the context of information technology, a Common Gateway Interface (CGI) is an interface for web servers used to execute certain scripts or programs. Therefore there must be a problem with the CGI script since it is not being read correctly and causing the crash.

8 0
3 years ago
The range rule of thumb roughly estimates the standard deviation of a data set as​ _______.
goblinko [34]
Range is the measure of variation that is very sensitive to extreme values. It is the difference between high and low values, while standard deviation is the standard measure of variation.The range rule of thumb roughly estimates the standard deviation of a data set as s=range/4 , where s stands for standard deviation and
<span>range = Maximum - Minimum</span>
5 0
3 years ago
National Storage issued $90 million of its 10% bonds on April 1, 2018, at 99 plus accrued interest. The bonds are dated January
Ahat [919]

Answer:

The total amount of cash  received is $91,350,000

Explanation:

The amount of cash proceeds realized from the bond issuance is the 99% of face value of $90 million plus the coupon interest due from January 2018(date of the bond) to April 1 ,2018(the date of bond issuance),that is three months of coupon interest payment.

The bond proceeds is computed as below:

Discounted bond price 99%*$90,000,000            =$ 89,100,000

Three months of interest 10%*$90,000,000*3/12   =$2,250,000

Total amount received from bond issue                    $91,350,000

3 0
3 years ago
Other questions:
  • You own 850 shares of Western Feed Mills stock valued at $53.15 per share. What is the dividend yield if your total annual divid
    13·1 answer
  • A small electronics company has begun production of a small line of high-quality, professional studio-model components targeted
    12·1 answer
  • On January 5, Merkel Inc. purchases office equipment for its new branch office from Norbert Company. Merkel requests that the eq
    6·1 answer
  • Tem Co. issued rights to its existing shareholders without consideration. A shareholder received a right to buy one share for ea
    8·1 answer
  • Which tasks are done by both historians and detectives? Check all that apply.
    6·2 answers
  • Which of the following is an instance of stereotyping in advertising?
    9·2 answers
  • Enclosed with the bank statement received by Matthew Company at August 31 was an NSF check for $2,012. No entry has yet been mad
    12·1 answer
  • On January 1, 2021, Tru Fashions Corporation awarded restricted stock units (RSUs) representing 5 million of its $1 par common s
    6·1 answer
  • The number of compounding periods in one year is called compounding frequency. The compounding frequency affects both the presen
    12·1 answer
  • David purchased a $5,000 bond on the secondary market. He paid a $500 premium. What is David's basis?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!