Answer:
The correct answer is letter "C": It decreases the size of your principal and decreases the total cost of the loan
.
Explanation:
Down payments are the initial sums debtors pay when requesting a credit. Down payments are usually mandatory but the debtor can offer the sum voluntarily.
<em />
<em>If the sum provided in the down payment is higher than what is requested, the amount of the principal will be lower. If the amount of the principal is lower, the total of the interest paid in the course to the loan will be lower as well, thus, the cost of the loan will be reduced.</em>
Answer:
The amount to save now is = $862.03 (to 2 decimal places)
Explanation:
In order to solve this, we will compute the end-of-year amounts using the 5% increase each year. This is done as follows:
Year 1 ending = $200
Year 2:
Year 2 beginning price = $200
Note that 5% increase = 5/100 = 0.05
increase in year 2 = 5% of 200 = 0.05 × 200 = 10
Year 2 new price = 200 + 10 = $210
Year 3:
beginning price = $210
increase in year 3 = 0.05 × 210 = $10.5
Year 3 new price = 210 + 10.5 = $220.5
Year 4
beginning price = $220.5
interest in year 4 = 0.05 × 220.5 = 11.025
new price in year 4 = 220.5 + 11.025 = $231.525
Next to calculate the amount needed to pay for one travel ticket per year for the next four years, we will add the prices of the tickets each year as follows:
Total amounts needed = 200 +210 + 220.50 + 231.53 = $862.03
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I think you are holding both of these puppies, is a Toy fox terrier.
Plus, if you want to know how much they will grow up?
<h2>
★ <u>
EXPLANATION:</u></h2><h2 />
The toy fox terrier, will grow up of they height is: like 8.5, or 11.5 inches. And they weight will be 3.7 or to 7 pounds. And they life expectancy is: 13 to 15 years.
Sorry, I couldn't do a long Explanation...
Hope It Helped!
#LearnWithBrainly
:
- TanakaBro
Answer:
insurance against leakage or pilferage of critical and confidential data - data theft insurance
insurance against commercial property damage due to events such as fire, floods, storms, or earthquakes - property insurance
insurance against damage to company vehicles and injury or loss of life due to company vehicles - commercial auto insurance
insurance against severe loss of life or money due to one’s professional negligence or malpractice - professional liability insurance
Explanation:
Answer:
Check the explanation
Explanation:
January
Beginning Cash Balance $1,000
Add: Collection:
December Sale ($5,000*10%) $500
January Cash Sale $6,000
January Credit Sale ($4,000*90%) $3,600
Total Cash Available a $11,100
Cash payment to suppliers b $24,000
Cash deficit before financing a-b $-12,900
Add: Borrowing (Using permutation-comb.) $14,040
Less: Interest Payment $-140
$14,040*12%*1/12
Ending Cash Balance $1,000