This topic contains a solution. Click here to go to the answer

Author Question: Which of the following are correct about amortized loans? I. Lenders earn their interest in the ... (Read 14 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549

Question 1

What is in amortized loan payments?
◦ Interest
◦ Principal
◦ Interest and principal
◦ It depends on the type of amortized loan

Question 2

Which of the following are correct about amortized loans?

I.  Lenders earn their interest in the payments
II.  Lenders earn their interest by reinvesting the payments
III.  The total interest earned by the lender is the sum of the payments minus the principal.
◦ I
◦ II
◦ III
◦ I and II
◦ I and III


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by frankwu on Apr 25, 2021

ebonylittles

  • Sr. Member
  • ****
  • Posts: 318
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




frankwu

  • Member
  • Posts: 549
Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

For a complete list of videos, visit our video library