This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The payoff of a debt over a period of time, usually in equal payments, with a portion of each ... (Read 14 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Aug 3, 2018
The payoff of a debt over a period of time, usually in equal payments, with a portion of each payment paying off interest and a portion paying off principal is called:
 
  a. Amortization
  b. Declining balance
  c. Equity balance
  d. Capital consolidation

Question 2

The amount of money paid by a borrower for the use of the borrowed funds:
 
  a. Interest
  b. Amortization
  c. Principal
  d. Equity


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Aug 3, 2018
Answer to Question 1

A

Answer to Question 2

A


rl

  • Member
  • Posts: 579
Reply 2 on: Aug 3, 2018
Excellent

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

A portion of the periodic table of elements A portion of the periodic table of elements
Richmond, Virginia, lies in ruins in April 1865 at the time of Lincoln’s visit—and a few days before Richmond, Virginia, lies in ruins in April 1865 at the time of Lincoln’s visit—and a few days before
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Incomplete dominance in flowering time of pea plants Incomplete dominance in flowering time of pea plants
Video: Ventilation - phases and driving forces

For a complete list of videos, visit our video library