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 26 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
Great answer, keep it coming :)

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Old Time Farm Shepherd Old Time Farm Shepherd
Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th
Timing of teratogens. Vulnerability to teratogens is greatest in the embryonic period. Source: Moore Timing of teratogens. Vulnerability to teratogens is greatest in the embryonic period. Source: Moore
Embryonic Period Embryonic Period
Time spent on, paid work and housework, by living arrangements of Canadian Time spent on, paid work and housework, by living arrangements of Canadian
Time homework Time homework
Video: Elementary kinetics

For a complete list of videos, visit our video library