What type of loan requires both principal and interest payments as you go by making equal payments each period?
A) Amortized loan
B) Interest-only loan
C) Discount loan
D) Compound loan
Answer: A
You might also like to view...
Roger works for a firm that has many levels in its organizational hierarchy. At each level of management, the number of subordinates is small so that managers can spend more time with each employee. The span of control at Roger's firm is said to be
A. narrow. B. high. C. vertical. D. wide. E. flat.
The percentage of the total variance attributed to each factor analysis model is called the percentage of variance
Indicate whether the statement is true or false
Refer to the selected data provided for Bloom's Garden Center. Which of the following would result from a horizontal analysis of Bloom's income statement?
A) Net sales increased $100,000 during 2012, or 33.33% of the 2011 amount. B) Gross profit is 50% of net sales for 2012. C) Accounts receivable is 15.6% of total assets in 2012. D) The accounts receivable turnover ratio is 6.35 times in 2012.
A prohibited route in a transportation model should be assigned a value of zero
Indicate whether this statement is true or false.