Answer: Balloon Loan
A balloon loan is a type of loan where the final payment is usually much larger than the payment preceding it.
In a balloon loan, the entire loan amount is given to the borrower as soon as the loan is approved and the contract is signed.
The interest falls due and is paid during the life of the loan.
The principal however, is paid as a balloon payment on the final day of the life of the loan.
Answer:
true
Explanation:
The amount of sales variables (units sold and price) are correlated then a change in 1 will always alter the other.
Answer:
$314,000
Explanation:
The computation of total assets is shown below:-
Total equity = $161,000
Revenue = $226,000
Expenses = $173,000
Liabilities at the end of the year = $100,000
Income of the year = $226,000 - $173,000
= $53,000
Total assets of the company at the end of the year = (Total Stock Holders Equity) + Total Liabilities
=(Total equity at the beginning of the year + Income for the year ) + Liabilities at the end of the year
= $161,000 + $53,000 + $100,000
= $314,000
Answer:
The answer is C.
Explanation: Drill-down capability refers to the capability necessary to achieve a goal such as a desired level of output. It enables users to get details, and details of details, of information, and it also involves the aggregation of information and features simple roll-ups to information that are complex and interrelated.
What this means is that, Drill down is a capability that takes the person who needs information from a more general view of the data to a view that is more specific and precise. For example, when there is a report that shows sales revenue by state can allow the user to select a specific state, click on it and see sales revenue by county or city within that particular selected state.
A barometer of short-term interest rates and one that is therefore considered the most volatile interest rate in the US economy is the federal funds rate.
An interest rate tells you ways excessive the price of borrowing is, or high the rewards are for saving. So, in case you're a borrower, the interest fee is the amount you are charged for borrowing cash, shown as a percent of the entire quantity of the loan.
As RBI hiked repo charge, FD quotes are anticipated to rise in 2022 and 2023. Banks and other NBFCs have already started steadily raising FD quotes after RBI made it clear that repo prices will exchange.
As interest rates circulate up, the cost of borrowing turns extra high-priced. because of this demand for decrease-yield bonds will drop, inflicting their fee to drop. As hobby prices fall, it becomes easier to borrow money, and lots of agencies will trouble new bonds to finance growth.
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