Answer: Entrepreneurial ability
Explanation:
A. Capital in the business can be defined as the money invested for the operations of business to earn profits. Capital can be in form of any kind of money like shares and debt but a human can never be a capital.
B. Land can be defined as the capital investment of the business for the place where which the operations of the business will be maintained.
C. Entrepreneurial ability is the brain behind the business entity . In a business an entrepreneur is the person who collects capital, purchase land and maintains the operations.
D. Labor is the human capital invested in the business, that is, hiring of individuals for different types of operations.
Hence we can conclude that Cecil Rhodes played entrepreneurial ability.
Answer:
89.63% of 2nd month payment will go towards the payment of principal.
Explanation:
Loan Payament per month = r ( PV ) / 1 - ( 1 + r )^-n
r = rate per period = 12% per year = 1% per month
n = number months = 12 months
PV = present value of all payments = $82,500
P = payment per month = ?
P = 1% ( $82,500 ) / 1 - ( 1 + 1% )^-12
P = $7,330 per month
Month Payments Principal Interest Balance
1 -7330 -6505 -825 75995
2 -7330 -6570 -760 69,425
Percentage of Principal Payment = Principal payment / totla monthly payment = $6,570 / $7,330 = 0.8963 = 89.63%
Answer:
hope this helps uuuuu.......
Explanation:
D........A complete set...
