All categories

3 years ago

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

Business

1 answer:

Naddik [55]3 years ago

8 0

Answer:

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.

Explanation:

You might be interested in

How will the increase in government spending financed by borrowing affect national savings?.

Whitepunk [10]

Increament in government spending which is financed by borrowing will most likely affect national savings.

This is because borrowing money means you are spending from your future income.

The negative effect of spending borrowed money will most likely be felt when the money is not used for money yielding ventures.

This means that when borrowed money is not used to boost the economy of a country, it will most likely lead to the depletion of the national savings or reserve.

<h3>Viable areas to utilizing borrowed money</h3>

Infrastructure development
power
Education
Health
Transportation
Research

Learn more about National Savings at brainly.com/question/15109837

8 0

3 years ago

How can I start for drug design to end up having a career as a drug designer?

MatroZZZ [7]

Answer:

Inorder to start for drug design to end up having a career as a drug designer, one needs to follow the processes below;

1. Discovery

2. Product characterization

3. Formulation, delivery, packaging development

4. Phamacokinetics and drug disposition

5. Preclinical toxicology testing and IND application

6. Bioanalytical testing

7. Clinical trials

Explanation:

Drug design is a method in which one develops new medicinal drugs based on the knowledge of a biological target.

The knowledge of the biological target is it's molecular make up. Once the molecular information about the target has been determined, the drug is developed to compliment the bio-molecular properties of the target.

The bio-molecular properties usually considered are the shape and the charge.

There are seven major processes to complete drug design. They are as follows;

1. Discovery

This starts with a target identification where the biochemical relationship involved in the disease condition. The interaction between a drug candidate and the drug target is determined using rigorous screening processes. A lead compound is chosen after effective review.

2. Product characterization

The candidate molecule is then classified and its characteristics noted.

3. Formulation, delivery, packaging development

Formulations for proper drug delivery parameters should be determined. This will include all parameters of shipment and storage to ensure proper and safe delivery.

4. Phamacokinetics and drug disposition

Pharmacokinetics(Pk) offer useful feedback to the formulation scientists. Pk offers parameters such as area under the curve and the maximum concentration of the drug in the blood and the time at which the maximum concentration is reached.

5. Preclinical toxicology testing and IND application

This involves the testing of the bio-activity, safety and efficacy of the formulated drug product

6. Bioanalytical testing

This is important for proper characterization of the molecule

7. Clinical trials

The clinical trial are conducted by grouping them into three types, majorly;

human pharmacology, therapeutic exploratory, and therapeutic confirmatory

6 0

3 years ago

Susan wanted to give a diamond pendant to Lucy, her daughter. Susan entered into a contract with Andrew, a dealer who specialize

Aleksandr [31]

Answer: Lucy can sue Andrew as she is a donee beneficiary of the contract

Explanation:

From the question, we are told that Susan wanted to give a diamond pendant to Lucy, who is her daughter. Susan then entered into a contract with Andrew, who is a dealer that specializes in diamond jewelry.

Susan had promised to pay him if he delivered the pendant to Lucy but later Andrew withdrew from the contract and Lucy wanted to sue him.

In this case, Lucy cannot sue Andrew because she is a donee beneficiary. It should be noted that as a donee beneficiary of the contract, the will only get the benefit of the contract as a gift but the contract is really between Susan and Andrew. She is not a party to the contract technically.

7 0

3 years ago

a. Suppose that banks have decided they need to keep a reserve ratio of 10%—this guarantees that they’ll have enough cash in ATM

d1i1m1o1n [39]

Answer:

A. The money multiplier is the amount of money supply with each dollar increase in reserves. so, it is correct.

b.- Since there is an inverse relationship between the reserve ratio and the money multiplier, a higher reserve ratio leads to a lower money multiplier. So increase the ratio and lower the money.

7 0

3 years ago

When ramiro inspires his employees to do their best to help the organization meet its goals, he is:

Sophie [7]

He is Inspirational

3 0

3 years ago

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

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