Answer:
Fixed-rate
Explanation:
Fixed-rate mortgages are the most common type of home loan. Fixed-rate mortgages are offered in 15- and 30-year fixed-rate terms. Your interest rate will never change, though the principal and interest portion of your monthly mortgage payment will change as the loan amortizes
Answer:
Hotel Co. should record the gross transaction fee and not only the net amount it receives from Expedia.
Explanation:
The revenue that Hotel Co. should account for in its books includes the gross transaction fee, while the collection expense that is withheld by Expedia is recorded as an expense or cost. This method ensures that the revenue due to the Hotel Co. is actually accounted for while the collection expense by Expedia is also separately accounted for. This will enable comparison with another hotel that does not use Expedia for its collection, for example.
<span>The best way to investigate fraudulent transactions on your credit card is to call your bank to review recent transactions or review your recent credit card statements. By doing this, you are able to check and confirm that you or anyone authorized to make purchases is the only one who has making any transactions on the account. </span>
Answer:
Berry, a fruit juice company, uses a well-known cartoon character to promote the company's line of children's products and pays the creator of the cartoon character a fee.
Explanation:
Licencing is referred to as the use of a well known symbol or brand to promote ones own sales. There are several kinds of licencing in the business world for example patents and etc.
In the above example. using a well known cartoon character to promote the company's line of children's products and pays the creator of the cartoon character a fee comes under the licensing category.
Answer:
B. Compounding.
Explanation:
Compounding interest is when the interest earned is added to the principal amount at the end of a period. Adding earned interest to the principal increasing the interest earned in the second season as the interest will be calculated with a bigger principal.
Unlike in simple interest where the interest is constant, interest earned increases with time with compound interest. Compounding means adding interest to the principal, implying that the interest earned also earns interest. Compound interest-earning accounts are preferred to simple interest due to their ability to make more interests.
