a $50,000 loan is to be amortized over 7 years, with annual end-of-year payments. which of these statements is correct?

Answers

Answer 1

Proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower.

Amortization is the process of gradually paying-off of debt through scheduled installments that include the component of principal and interest.

The amortization tables helps to keep track of amount owed and when payment is due.

The table also shows how much to be paid at required intervals (i.e. monthly, bi-monthly, quarterly etc)

As the repayment and period of payment increase, the outstanding debt keeps decreasing as well.

The rate of interest determines the amount of repayment to be made at each interval

Therefore, if the interest rate were lower, then, the repayment of principal would be lower as well.

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Related Questions

how much halloween candy is sold in the us each year?

Answers

Answer:

According to the Huffington Post, Americans purchase nearly 600 million pounds of candy each year for Halloween

Explanation:

what does it mean if the government runs out of money

Answers

Debt ceiling crisis!

we call it debt ceiling crisis

what is the input of a computer?

Answers

Answer:

to any information, or data, that is sent to a computer for processing.

Explanation:

Input is often sent to the computer from a device such as a keyboard, mouse, or other input device.

[tex] \huge \mathbf{ \colorbox{black}{ \color{white}{Hello!}}} \boxed{♡} \Huge{►}[/tex]

An input is, in the field of computer science, a series of data that is received by a certain system for further processing. This concept always appears linked to the output, which involves the presentation of the information so that the user makes use of it as needed.

please help me asap!

Answers

Answer:

1.answer is social media

social media is what you are looking for

what is a Human Resource Manager

Answers

Answer: a human resources manager is typically the person who hires and fires people in the job/ job site. they also oversee who is doing what. that stuff.

Explanation:

why should the income statement be prepared first?

Answers

Answer:

cash of Aryas 500 withdrawn from the bank for office use find out debit and credit


В семье Богдановых 4 человека. Папа зарабатывает
в месяц 18 тыс. руб., мама – 13 тыс. руб. Дочь учится в
школе, дедушка ежемесячно получает пенсию в размере
15 тыс. руб. Богдановы живут в квартире, которая стоит
1 млн руб. (налоговая ставка – 0,1%). У них есть ещё одна
квартира, которую семья сдаёт за 12 тыс. руб. в месяц. Каковы ежегодные налоговые выплаты семьи Богдановых?

Answers

Answer:

Tiene 4 +3 +453 es lqefiq3rgoawenwf

colin, who is a paralegal for a powerful manhattan law firm, likes the fast pace of his work and the fact that things are always changing there. colin can be said to

Answers

Colin can be said to have internal locus of control

Internal locus of control is simply known as the way individuals perceive the occurrences that happen to them.

Individuals who have an internal locus of control, often believes that what happens to them is a result of their own decisions. They do not accept social conformity and obedience.

Collins believing in his fast pace of work is his internal locus of control

From the above we can say that Colin can be said to internal locus of control

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Answer:have a high tolerance for ambiguity

Explanation:

Because he is open to change and welcomes that things will be different at times

the difference between personal assets and personal liabilities

Answers

Answer:

Assets include the value of securities and funds held in checking or savings accounts, retirement account balances, trading accounts, and real estate. Liabilities include any debts the individual may have including personal loans, credit cards, student loans, unpaid taxes, and mortgages.

Explanation:

Answer:

Assets: include the value of securities and funds held in checking or savings accounts, retirement account balances, trading accounts, and real estate.

Liabilities: include any debts the individual may have including personal loans, credit cards, student loans, unpaid taxes, and mortgages.

Difference between Assets & Liabilities:

Assets are what a business owns and liabilities are what a business owes. Both are listed on a company's balance sheet, a financial statement that shows a company's financial health. Assets minus liabilities equals equity, or an owner's net worth.

Which would be an example of a change in culture due to conflict?

Answers

An example of cultural conflict is the debate over abortion. Ethnic cleansing is another extreme example of cultural conflict. Wars can also be a result of a cultural conflict; for example the differing views on slavery were one of the reasons for the American civil war.

how do you find your claimant id number for unemployment

Answers

Answer:

The Claimant ID can be found in the upper-right of the UI Finding letter, as well as other letters received from IDES. Fraud victims can use the information from a fraudulent UI Finding letter to report the case to IDES.

Explanation:

hope this helps you if it does please mark brainliest

the original cost of the asset less the accumulated depreciation is the

Answers

Answer:

Book value

Explanation:

The Net Cost  is the derived after the accumulated depreciation is deducted from original cost of the asset.

The Net cost is what is been derived after taking into account depreciation on the assets.

In other word, the Net cost refers to the gross cost of an object which is reduced by any expenses incurred from owning the object.

The Net cost will be derived after the gross cost of an office equipment minus the its salvage value.

Therefore, the Net Cost  is the derived after the accumulated depreciation is deducted from original cost of the asset.

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The legal form of business ownership in which owners have limited personal accountability for the debts and dealings is a
Limited Liability Company
sole proprietorship
Partnership
Corporation

Answers

Answer:

Limited Liability Company

Explanation:

the primary concerns when first starting your business are:

Answers

The primary concerns when first starting your business are: financing and planning

a demand curve shows the relationship between price and _________________ on a graph.

Answers

Answer:

relationship between price and quantity demanded

Explanation:

Plz Mark Brainliest

A demand curve shows the relationship between price and quantity demanded.

What is the demand curve?

The demand curve is a downward sloping curve that shows the relationship between price and quantity demanded. The relationship between price and quantity demanded is negatively related. As price increases, the quantity demanded decreases and as price decreases, the quantity demanded increases.

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List the order of Maslow's Hierarchy of Needs from both to top. Briefly explain the needs and wants to be fulfilled at
each level. Why does this order exist?

Answers

In order to better understand what motivates human beings, Maslow proposed that human needs can be organized into a hierarchy.

Maslow organized human needs into a pyramid that includes (from lowest-level to highest-level) physiological, safety, love/belonging, esteem, and self-actualization needs.

Physiological needs - these are biological requirements for human survival, e.g. air, food, drink, shelter, clothing, warmth, sex, sleep.

If these needs are not satisfied the human body cannot function optimally. Maslow considered physiological needs the most important as all the other needs become secondary until these needs are met.

2. Safety needs - once an individual’s physiological needs are satisfied, the needs for security and safety become salient. People want to experience order, predictability and control in their lives. These needs can be fulfilled by the family and society (e.g. police, schools, business and medical care).

For example, emotional security, financial security (e.g. employment, social welfare), law and order, freedom from fear, social stability, property, health and wellbeing (e.g. safety against accidents and injury).

3. Love and belongingness needs - after physiological and safety needs have been fulfilled, the third level of human needs is social and involves feelings of belongingness. Belongingness, refers to a human emotional need for interpersonal relationships, affiliating, connectedness, and being part of a group.

Examples of belongingness needs include friendship, intimacy, trust, and acceptance, receiving and giving affection, and love.

4. Esteem needs are the fourth level in Maslow’s hierarchy and include self-worth, accomplishement and respect. Maslow classified esteem needs into two categories: (i) esteem for oneself (dignity, achievement, mastery, independence) and (ii) the desire for reputation or respect from others (e.g., status, prestige).

Maslow indicated that the need for respect or reputation is most important for children and adolescents and precedes real self-esteem or dignity.

5. Self-actualization needs are the highest level in Maslow's hierarchy, and refer to the realization of a person's potential, self-fulfillment, seeking personal growth and peak experiences. Maslow (1943) describes this level as the desire to accomplish everything that one can, to become the most that one can be.

Individuals may perceive or focus on this need very specifically. For example, one individual may have a strong desire to become an ideal parent. In another, the desire may be expressed economically, academically or athletically. For others, it may be expressed creatively, in paintings, pictures, or inventions.

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