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lilavasa [31]
3 years ago
12

The interest portion of a monthly loan payment is $427.93. If the interest rate is 6.875%, what is the current principal balance

Business
1 answer:
Lena [83]3 years ago
6 0

The current principal balance is $74, 693.24

Hope it helps :)

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How are mental and physical and financial health related? Three sentences
Zanzabum

Answer:

The associations between mental and physical health are: Poor mental health is a risk factor for chronic physical conditions. People with serious mental health conditions are at high risk of experiencing chronic physical conditions. People with chronic physical conditions are at risk of developing poor mental health.

Explanation:

5 0
3 years ago
Stated value of no-par stock is:
sdas [7]

Answer: The correct answer is "e. An amount assigned to no-par stock by the corporation's board of directors.".

Explanation: Stated value of no-par stock is: <u>An amount assigned to no-par stock by the corporation's board of directors.</u>

<u>The board of directors of the corporation are those who designate a declared value for no-par stock.</u>

5 0
3 years ago
Read 2 more answers
The current and quick ratios help us measure a firm's liquidity. The current ratio measures the relationship of the firm's curre
inysia [295]

Answer:

True

Explanation:

Current Ratio: The current ratio shows a relationship between the current assets and the current liabilities. The formula is shown below:

Current ratio = (Total Current assets ÷ total current liabilities )

Quick Ratio: The quick ratio shows a relationship between the quick assets and the current liabilities. The formula is shown below:

Current ratio = (Quick assets ÷ total current liabilities)

where,

Quick assets = Current assets - inventories - prepaid insurance

So, the given statement is true

8 0
3 years ago
This occurs when a person or firm purchases new capital. This occurs when a person's income exceeds his consumption. Which of th
Lostsunrise [7]

Answer: Buying $200 stock in AT&T is an example of investment. As in this case the persons income exceeds his consumption and he buys new capital.

Borrowing $1000 from a bank to buy a car to use in business is also an investment as in this case buying a car is like investing in a cash flow producing asset, as the car will be an asset which will help earn money from the pizza business.

Explanation:

Roommate depositing $100 is an example of saving and not investing.

Taking out a mortgage and buying a house is an example of consumption and not investment.

3 0
3 years ago
An important use of customer lifetime value data is: a. All of these are correct. b. as a replacement for market segmentation. c
maria [59]

          An important use of customers' lifetime value data (CLVD) is all of the options. Option A is correct.

<h3>What is customer lifetime value data?</h3>

Customer lifetime value (CLV) is amongst the most important metrics to measure as a component of a customer experience journey. Customer lifetime value (CLV) is a metric for determining how important a client is to your business, not just for a single transaction, but for the entire relationship.

It's a crucial measure since keeping existing customers costs less than acquiring new ones, thus boosting the quality of your existing customers is a fantastic method to generate growth.

Knowing the Customer lifetime value (CLV) may help organizations establish strategies for:

  • Acquiring new consumers and
  • Retaining existing ones,

While keeping profit margins intact.

Learn more about Customer lifetime value (CLV) here:

brainly.com/question/22684208

4 0
2 years ago
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