Challenge question: Home mortgages use amortization schedules, but the principal balance might be 10 or 100 times larger than Ja
net's $3500 trip. They're typically paid back over a period of 30 years at a much lower interest rate (~4%). Explain what you think that amortization schedule might look like.
The Amortization Schedule is a table that lists the computations of a mortgage payment and enables the visualization of the details of each payment.
Typically, an Amortization Schedule will indicate the dates on which transactions are recorded or captured into the company's accounting records.
The repayments of the Amortization Schedule occupies three columns, with one indicating the amount of principal repaid while the second column indicates the portion of repayments due to interests on the mortgage. The other column shows the equal periodic payments already settled on the loan.
Thus, the amortization schedule offers an acceptable way to determine the amount of interest paid, the payments made on a mortgage, and the ending balance of the mortgage at the end of the accounting period.
Here answer to the first fill in the blank is money paid and answer for the second fill in the blank is overall sacrifice.
Explanation:
Here Eddie has perceived price as money paid for the purchase of his favorite beverage, he is ready to drive 30 miles for this beverage , just because he is saving a dollar on it, so from the Eddie's point view , driving 30 miles to get the beverage is worth it . But as per the most of the customers , Eddie is making an overall sacrifice by driving 30 miles to get the beverage , just because he is saving dollar on it, so from the most customers point of view , driving 30 miles is not worth it and a lot of sacrifice is being made.
Based on the answers provided within the question it can be said that answer that is not an effective principle for preparing main points is making sure each main point is brief. Main points need to be emphasized and thoroughly detailed as they are the most important aspects in a presentation. Only the subtopics may be made brief.
b. A very large increase in sales. A very rapid and similar response by the other large firms in the industry.
Explanation:
As for the information there is no clear agreement to sell the goods at the same price, like that of other industries.
Further since all the companies follow the same price, there is no such differentiation.
In case one of the companies, in our case company A if decreases the price then it will abruptly that is in no clear sequence will increase its sales, and the after effects will also include the decrease in prices by other remaining industries that is B, C and D.
