Author Question: The total interest that a borrower has to pay on a loan is equal to the: A) principal plus the ... (Read 78 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
The total interest that a borrower has to pay on a loan is equal to the:
 
  A) principal plus the rate of interest. B) principal divided by the rate of interest.
  C) principal minus the rate of interest. D) principal times the rate of interest.

Question 2

In a closed economy, without the government:
 
  A) savings equals net exports. B) consumption equals investment.
  C) consumption equals savings. D) savings equals investment.


momolu

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

For a complete list of videos, visit our video library