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Temka [501]
3 years ago
13

When loan payments are amortized, the total amount you owe every month​

Business
1 answer:
Naddik [55]3 years ago
8 0

Answer:

<em>Since amortization means the period repayment of a loan, with a specific amount going to the principal and interest payments, the amortization schedule amounts to a total fixed monthly payment of $836.03 over the life of the mortgage loan.</em>

Explanation:

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Meeting others through volunteer work is the most common way people expand their network. Please select the best answer from the
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the answer is true!

Explanation: I just took the topic test

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3 years ago
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Create a one-page document to plan your career using the SMART goal method. Use this outline to help you determine the steps nee
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To create a document to plan your career using the SMART goals method, you need to carry out in-depth research on the field that interests you, in addition to taking vocational tests and having conversations with professionals in the area for greater assertiveness in your career choice.

<h3 /><h3>What is the SMART goals method?</h3>

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3 0
2 years ago
When a "bubble" arises, asset prices are driven by:
Crazy boy [7]

Answer:

d. shifts in market psychology and successive waves of irrational exuberance.

Explanation:

Bubble in respect to financial market means an unexpected and non-explainable reason. This although the economists believes arises because of the emotional attachment and effects on an asset. As for example: when an asset is made using the specific raw material which is discovered to be precious in the terms it is ancient then, automatically the price of the asset increases in the market.

Thus, this is nothing but a market psychology that is basically an effect of emotional concerns of individual mindset, which is irrational.

This theory is explain by Keynesian the economists.

7 0
3 years ago
What is the earliest and latest patent found on a spork design
bezimeni [28]

the earliest is the year the year 2018 and the first time one was invented was 1804! crazy huh it is really funny tho... hope this helps!


7 0
3 years ago
Country X's economy is in an inflationary gap. Which of the following combinations of fiscal and monetary policy actions would r
scoundrel [369]

Answer:

To restore full employment in the short run during an inflationary gap condition, the government has to apply contractionary fiscal and monetary policies that will reduce the supply of money.

Explanation:

     An inflationary gap is an economic situation that is characterised by excess demand. Particularly it is that situation when the real gross domestic product of a country is greater than the projected gross domestic product. In this condition, actual aggregate demand is higher than potential aggregate demand implying that more goods and services are needed to satisfy consumers. From another perspective, this could be caused by a fall in aggregate supply while aggregate demand remains stable.

Government intervention in this case is to reduce the money supply by implementing contractionary fiscal policies such as increasing taxes, reducing government expenditure which in turn reduces disposable income. Contractionary monetary policies that could be applied include increasing short-term interest rates, increasing reserve requirements. Though this policies come in with some unwanted side effects such as unemployemnt, they however serve as short term adjustment measures for an inflationary gap condition.

6 0
3 years ago
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