Answer:
$102,440
Explanation:
Provided details we have,
Loan amount = $70,000
Installments = $479 per month for 30 years
Number of installments = 12
30 = 360 installments
Total amount to be paid during the tenure of loan = $479
360
= $172,440
Thus interest = Total - Principal Amount
= $172,440 - $70,000
= $102,440
Answer:
When attempting to get a better understanding of insurance, there are four unique characteristics that need to be done and they are conditional, unilateral, adhesion, and aleatory.
The efficiency of the worker and the level of skill required differ between occupations
Answer:
B. new production processes may be devised.
Explanation:
This means, the new capital in touch with the human innovation traits will generated ways to use this capital beyond their inventors knowledge. Giving the capital additional used. Assthis uses were discovered after the capital invention, are not included in the cost of the new capital therefore, are positive externalities of their.
Also, generally the labor productivity increases with new capital not decrease.