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2 years ago

What is the term used to describe the reduction of the balance owed on a loan with each payment made over a period of time?

Business

1 answer:

jeyben [28]2 years ago

8 0

Answer:

The term used to describe the reduction of the balance owed on a loan with each payment made over a period of time is:

d. amortization.

Explanation:

Amortization of a loan is the gradual reduction of the balance owed on a loan because payments are being made over a period of time. Each payment is, therefore, a reduction of the borrowed fund. This gradual reduction through periodic payments is called amortization of the borrowed fund. Loan amortization, therefore, implies the spreading out of the loan payments over time. It is not the same as asset amortization, which is a kind of depreciation.

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g define the process of accommodation in the mechanism of focusing by the eye. what factors lead to age-related changes in accom

Luba_88 [7]

The accommodative ability changes greatly because of age-related changes in the eye, including a decrease in the elasticity of the lens and the degeneration of the Zonular fibers and the ciliary muscles surrounding the lens.

The process of accommodation, or focusing on near objects, happened by a concerted action of the ciliary muscle on the zonule fibers which hold the lens in place. The ciliary muscle can be described as a ring of smooth muscle that, upon contraction, relaxes the tension on the zonular fibers and allows the lens to become more spherical.

Learn more about the accommodation at brainly.com/question/14248224

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3 0

1 year ago

The aggregate demand curve shows the relationship between inflation the price level the money supply interest rates and producti

victus00 [196]

Answer:

The correct answer is option a.

Explanation:

The aggregate demand curve shows the demand for goods and services by the economy as a whole. It comprises of consumption expenditure, government expenditure, investment expenditure, and net exports.

The aggregate demand curve in the short run is downward sloping because an increase in the price level reduces the real money holdings. It reduces purchasing power. So the amount of expenditures gets reduced as well.

3 0

2 years ago

The owner of a shopping mall wishes to expand the number of shops available in the food court. She has a market researcher surve

Angelina_Jolie [31]

Answer:

The Sampling Bias

Explanation:

Here in this question, the owner is only getting information about the customers which are coming to the mall on weekdays only while neglecting the response which could have been received on weekends.

Therefore this can be termed as a Sampling Bias. The perfect way to go after this question is to ask the customers which are coming to the mall on weekends as well as weekdays, throughout the day.

Hope this helps. Good luck.

8 0

3 years ago

What activities can a person participate in to be considered actively looking for a job?

zubka84 [21]

job postings. Sending resumes and doing interviews

5 0

3 years ago

Nita is a devoted Coca-Cola consumer, whereas Becky can drink either Coca-Cola or Pepsi products. Nita’s demand for Coca-Cola wi

mafiozo [28]

Answer:

The answer is:

Inelastic

Elastic

Explanation:

Nita’s demand for Coca-Cola will be relatively more inelastic i.e his demand will not be sensitive to price. Increasing the price of Coca-cola will not make Nita to change its taste because he is a devoted Coca-Cola consumer.

Becky’s demand will be relatively more elastic because he has an option to choose between Pepsi and Coca-cola.

Any increase in price of Coca-cola will make Becky to shift to Pepsi.

5 0

2 years ago