subject
Business, 14.05.2021 17:50 Shayleechase

Describe what happens to the portions of payments going to principal and interest over the life of an installment loan. Choose the correct answer below. A. The interest portion remains constant and the portion applied to paying off the principal increases with each successive payment. BE. The interest portion decreases and the portion applied to paying off the principal increases with each successive payment. C. The interest portion decreases and the portion applied to paying off the principal remains constant with each successive payment. D. The interest portion increases and the portion applied to paying off the principal decreases with each successive payment.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 13:30
Suppose you want to know if more technical service calls are made to homes with cable television or with satellite dish television. should you use frequencies or relative frequencies to make the comparison? why?
Answers: 1
question
Business, 22.06.2019 11:00
On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.
Answers: 1
question
Business, 22.06.2019 19:40
You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?
Answers: 3
question
Business, 22.06.2019 19:50
Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1
Answers: 3
You know the right answer?
Describe what happens to the portions of payments going to principal and interest over the life of a...
Questions
question
Mathematics, 02.12.2020 18:20
question
Mathematics, 02.12.2020 18:20
question
Arts, 02.12.2020 18:20
question
Mathematics, 02.12.2020 18:20
question
Mathematics, 02.12.2020 18:20
Questions on the website: 13722363