subject
Business, 29.10.2019 03:31 anaclaramigli

Dan dayle started a business by issuing an $80,000 face value note to first state bank on january 1, 2018. the note had an 8 percent annual rate of interest and a five-year term. payments of $20,037 are to be made each december 31 for five years. required what portion of the december 31, 2018, payment is applied to interest expense and principal? what is the principal balance on january 1, 2019? what portion of the december 31, 2019, payment is applied to interest expense and principal?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:40
Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?
Answers: 1
question
Business, 22.06.2019 22:00
Which of the following is a function performed by market prices? a. market prices communicate information to buyers and sellers. b. market prices coordinate the decisions of buyers and sellers. c. market prices motivate entrepreneurs to produce those products that are currently most desired relative to their costs of production. d. all of the above are functions performed by market prices.
Answers: 2
question
Business, 23.06.2019 11:00
What is considered to be a significant disadvantage of owning
Answers: 3
question
Business, 23.06.2019 11:20
In a hypothetical economy, a market basket consists of one laptop and two dvd players. in the base year, 2010, the price of a dvd player was $200, and the price of a laptop was $500. in 2015, the price of a dvd player was $380, and the price of a laptop was $750. the cpi for 2010 was
Answers: 3
You know the right answer?
Dan dayle started a business by issuing an $80,000 face value note to first state bank on january 1,...
Questions
question
Mathematics, 20.04.2020 23:54