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Schach [20]
2 years ago
13

How did the extra, one-time payment of $100 affect the total interest Janet pays on the loan?

Business
1 answer:
Shkiper50 [21]2 years ago
7 0

Amortization simply means the practice of spreading the cost of an intangible asset over the useful life of the asset.

Your question is incomplete as you didn't provide the amortization table. Therefore, an overview of amortization will be given.

It should be noted that amortization is usually expensed on a straight-line basis. In such a case, the same amount will be expensed for every period over the life of the asset.

For example let's assume that Janet borrows $2000 at 4% for 2 years. The interest that will be paid will be:

= $2000 × 4% × 2

= $2000 × 0.04 × 2

= $160

The interest here is $160. Based on the question, since $100 has been paid, it should lead to a lower interest that will be paid on the loan.

Read related link on:

brainly.com/question/25443577

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3 years ago
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Answer:

$222,967

Explanation:

Calculation of How much of the proceeds would be allocated to the common stock

First step

[(10,200 shares× $25 per share Fair value )÷

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Second Step

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Third step

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Fourth step

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3 years ago
If the demand curve is very elastic and the supply curve is very inelastic in a market, then the sellers will bear a greater bur
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Option B

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On the other hand if supply curve is very inelastic that means change in price will not have grater impact on the supply.

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3 years ago
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Answer:

The correct answer is the option C: the working-age population to the number of dependents.

Explanation:

On one hand, the <em>dependancy ratio</em> is the name given, in the field of economics, to the term that refer to an age-population ratio that are and are not in the labor force. Moreover, this type of ratio focuses in measuring the pressure that the productive population has over the nonproductive population.

On the other hand, the <em>inverse dependay ratio</em> measures the amount of labor force that has to be provided regarding one dependent person. Therefore that it is understandable that <u><em>the inverse dependency ratio is defined as the reatio of the working-age population to the number of dependents</em></u>.

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