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vivado [14]
3 years ago
10

Why does the amount of interest you owe decrease every month?

Business
1 answer:
Kaylis [27]3 years ago
4 0

Answer:

The outstanding principle is less

Explanation:

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As you fit investing for the future into your personal financial plan, you should consider
Maru [420]

Answer:

C) your willingness and tolerance to bear risk

Explanation:

Long term investment is the act of wealth creation for a future use of money.

investing into long terms involves some patience and risks because, investment like this cannot be for seen, it fluctuate sometimes leading to appreciation or depreciation in the value of money.

this helps in bringing maximum returns for your money over a period of more than 10 years. to better maximize these returns involves a lots of patience, tolerance and risks

6 0
3 years ago
The following transactions pertain to the operations of Ewing company for year 2.
Archy [21]

Answer:

ending cash balance                    62,000

Explanation:

<u>operating activities:</u>

services on cash       8,000

collected from AR    51,000

paid to supplies     (22,000)

rent paid                   (6,500)

supplies paid            (1,200)

cash generated from operating: 29,300

<u />

<u>financing activities:</u>

issuance of stock      30,000

cash dividends paid   (4,000)

cash generated from financing: 26,000

cash generated during the year: 55,300

beginning cash balance            <u>     6, 700 </u>

ending cash balance                    62,000

7 0
4 years ago
An artist who uses a spontaneous, less fussy approach to painting can be said to be using the ____________ technique
Scilla [17]
The technique that the artist is using could be described as the alla prima technique in which it is often used in paintings such as the oil paintings. It is a painting technique that uses wet paint to be able to give out its spontaneous and fuzzy look. The wet paints that are being applied to the portrait has many layers to show its structure or the beauty of the technique.
3 0
3 years ago
By diversifying, the risk of holding stock
snow_tiger [21]

Answer:   Option C

Explanation: In simple words, diversification refers to the process in which the holder of a portfolio purchases and includes different types of securities with no or negative correlation between them. By doing so, the risk of the portfolio can be reduced  but cannot be eliminated as the systematic risk due to the market inefficiencies cannot be eliminated.

It is evident that over the past two years stocks paid higher returns than bond due to the fact that globalization has increased the market for the companies leading to hoover share which further  results in higher return for stock holders in comparison to bond holders who have a fixed return.

8 0
3 years ago
Neveready Flashlights Inc. needs $302,000 to take a cash discount of 2/19, net 71. A banker will loan the money for 52 days at a
Gnesinka [82]

Answer:

The effective rate on the bank loan is 27%

Explanation:

The effective rate of Interest

= ($11,800/$302,000)*(360Days/52days)

= 0.039*6.92

=27%

4 0
4 years ago
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