An amortizing loan is one in which:the principal remains unchanged with each payment. accrued interest is paid regularly. the maturity of the loan is variable. the principal balance is reduced with each payment.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “An amortizing loan is one in which:the principal remains unchanged with each payment. accrued interest is paid regularly. the maturity of ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A corporate CEO relates that when he fumbled his way through a speech and started to ramble, he noticed that he was losing listeners and then became even more unnerved. The CEO was reacting to Group of answer choices
Answers (1)
Tony saved enough money to place $125,500 in an investment generating 10% compounded monthly. He wants to collect a monthly income of $1,350, at the beginning of each month, for as long as the money lasts.
Answers (1)
Sage, Inc. had net sales in 2017 of $1,432,200. At December 31, 2017, before adjusting entries, the balances in selected accounts were Accounts Receivable $325,000 debit, and Allowance for Doubtful Accounts $3,000 credit.
Answers (1)
Mitchell does not have a checking account, but needs to pay a bill. By what means can Mitchell pay? A. a money order B. direct deposit C. transfer D. loan
Answers (1)
Raul works in Human Resources and is interviewing four people for the position of Budget Analyst. Which candidate has the best education for this particular career?
Answers (1)
New Questions in Business
How is profit figured out
Answers (1)
The following financial information is taken from the balance sheets of the Peter Company and the Paul Company: Peter Paul Current assets $200,000 $50,000 Current liabilities 40,000 20,000 Calculate the current ratio for each company.
Answers (1)
The manager of a national retailing outlet recently hired an economist to estimate the firm's production function.
Answers (1)
There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or from being an inferior good to a normal good. One such example of a good is the Toyota Camry.
Answers (1)
Three members of the DiCarlo family, Vinny, Maria, and Franki, are choosing the entree for a large family reunion. Their options are: spaghetti, ravioli, lasagne, and pizza.
Answers (1)