A decrease in the amount of principal owed on a loan is called what?
A. Note reduction
B. Amortization
C. Payment number
D. Unpaid balance
SUBMIT

Answers

Answer 1

The reduction in the principal balance through amortization has a significant impact on the loan's overall cost. As the principal decreases, the amount of interest charged on the outstanding balance also decreases.

the correct answer is B. Amortization.

A decrease in the amount of principal owed on a loan is called amortization.

Amortization refers to the gradual reduction of the principal balance of a loan over time through regular payments. When you make payments on a loan, a portion of the payment goes towards paying off the principal amount borrowed, while another portion goes towards paying the interest charged on the loan.

The process of amortization involves dividing the total loan amount into equal installments or payments over a specified period. With each payment made, a portion goes towards reducing the principal balance. As a result, the outstanding principal decreases over time, leading to the eventual repayment of the entire loan.

Amortization is a common feature in installment loans, such as mortgages, car loans, and personal loans. It allows borrowers to repay the loan gradually rather than in a lump sum, making it more manageable and affordable.

The reduction in the principal balance through amortization has a significant impact on the loan's overall cost. As the principal decreases, the amount of interest charged on the outstanding balance also decreases. This means that over time, a larger portion of each payment goes towards paying off the principal, helping the borrower build equity and ultimately fully repay the loan.

Therefore, the correct answer is B. Amortization.

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Related Questions

6x + ____ = 10 Please find the blank.

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Answer:

6x +4=10

I think this is answer

Please help me with this question and how to break even!

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Answer:

The blogger needs at least 189subscribers to break even

Help me plz plllzzzz

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Whenever you multiply by a negative number.

Hopefully that helps you a little.

x : y = 1 : 5. which is the correct equation?

Answers

Th e correct equation will be y = 5x

How to express ratios and proportions

Ratios is a way dividing two integers. For instance, the ratio of a to b is written as a:b.

Given the ratios expressed as x:y = 1:5

Since ratio means division hence;

x:y = 1:5

x/y = 1/5

Cross multiply

1 * y = 5 * x

y = 5x

Hence the correct equation will be y = 5x

Learn more on ratios here: https://brainly.com/question/2914376

Translate the sentence into an inequality.
The sum of a number times 2 and 21 is at least 22.
Use the variable b for the unknown number.

Answers

2b + 21 < 22

b is the unknown number so multiply it by 2 to get 2b then add 21, bring the less than sign and write the 22 after the less than sign

Triangle A'B'C' is a reflection of triangle ABC across line BC. Prove that ray BC is the angle bisector of angle ABA'.​

Answers

Answer is below in the picture:-

(From the problem, we know (triangle)ABC (round of equal of) (triangle)A'B'C'. So, <A'B'C' = <ABC {the properties of congruent triangles}. So, ray BC is the angle, bisector of angle ABA')

I hope it helps.

It is proved that the ray BC is the angle bisector of angle ABA'.

What are angle bisectors?

Angle bisectors are lines who bisect the considered angle. Bisect refers to splitting in two equal parts. Therefore, the bisected parts of the considered angle are half of the original angle.

When a graph is reflected along an axis, say x axis, then that leads the graph to go just in opposite side of the axis as if it in a mirror.

We will find that its symmetric, thus each point is equidistant from the axis of reflection as that of the image of that point.

From the given problem, we know Triangle A'B'C' is a reflection of triangle ABC across line BC.

Therefore, <A'B'C' = <ABC

By the properties of congruent triangles. Means if the length of the sides is equal, a measure of the angles are equal and they can be superimposed.

Hence, the ray BC is the angle, bisector of angle ABA'.

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Jordan has a part-time job which pays $75 a week. He has already saved $55 toward the purchase of a $400
could use to find the minimum number of weeks Jordan must work to have enough money to buy the iPhone.

Answers

Answer:

5 weeks

Step-by-step explanation:

75 w + 55 ≥ 400

75 w ≥ 345

15 w ≥ 69

w ≥ [tex]\frac{23}{5}[/tex] = 4.6 weeks ⇒ the minimum number of weeks Jordan must work is 5 weeks

there are 11 members on a board of directors.if they must firm a subcommittee of 5 members how many different subcommittees are possible

Answers

You see here, there are too many people in the government and all of this gets us no where. So, too many is the answer.

I need the anwser to this right now please

Answers

Answer:

b. 9

Step-by-step explanation:

2+9=11

11+11=22

22+6=28

answer: 9

(3+3)-28 = 22
that leaves the other side having to be 11 on each so
2+9= 11

What is 4/5 - 1/4 in the simplest form

Answers

[tex]\cfrac{\underline{4}}{5}-\cfrac{1}{4}\implies \cfrac{(4)(\underline{4})~~ - ~~(5)(1)}{\underset{\textit{using this LCD}}{20}}\implies \cfrac{16-5}{20}\implies \cfrac{11}{20}[/tex]

Find the area of the triangle

Please help me - I don't get how to do this.

Please show your work - I really need to understand this

Answers

Answer:

Step-by-step explanation:

1. Pythagorean theorem: a^2+b^2=c^2

Note that the hypotenuse is 11 (for the second right triangle).

Find the length of the dotted line by doing 7^2+b^2=11^2

49+b^2=121, b=[tex]\sqrt{72\\}[/tex].

Now you can the area of the second right triangle: ([tex]\sqrt{72\\}[/tex](7))/2=29.7.

Find the length of the first right triangle:

Note that 9 is the hypotenuse; ([tex]\sqrt{72\\}[/tex])^2+b^2=9^2

=72+b^2=81

b=3.

([tex]\sqrt{72}[/tex])(3))/2=12.7

Help please, help please

Answers

Answer:

i think the perimeter is 60

Step-by-step explanation:

9²+12² = x²

15 = x

perimeter = 15×4 = 60

simplify help me to do this

Answers

Answer:

204

Step-by-step explanation:

90-5 (9-5 (9- (14-12) 3 ) ÷5

▪︎ First we have to solve the ones in the brackets ___ ( 14-12 ) which is e equal to 2

90-5 (9-5 (9- 2×3 ) ÷5 "the 3 comes inside the bracket coz we solved the previous one"

▪︎then we have to solve ( 9-2×3 ) which is equal to 3 _____ is 3 because if we go in the BODMAS way it will be

( 2×3 =6) , then... (9-6=3)

▪︎at the same time we can subtract 9-5 because we are done with the first bracket ( 9-5=4 )

90-5 (4×3)÷5

▪︎at the same time we can subtract 90-5 as well coz we are done with the first bracket ( 90-5=85)

▪︎then we can multiply (4×3) coz it's in the brackets (4×3=12)

85×12÷5

▪︎so then we hv to multiply 85 by 12 , then the answer is 1020

1020÷5

▪︎then divide (1020÷5=204)

☆90-5 (9-5 (9- (14-12) 3 ) ÷5

=90-5(9-5(9-2×3)÷5

=90-5(4×3)÷5

=85×12÷5

=1020÷5

=204

hope this helps☆☆☆

( sorry fr the long answer )

Casey bought 9 tickets to a concert. The total charge was $104, including a $5 service charge. Write an equation you can use to solve to find c, the cost of one ticket.

Answers

Answer:

104-5/9

Step-by-step explanation:

just divided ND SUBTRACT

If 15 out of 25 students are boys, what percent of the class is
made up of boys?

Answers

Ummmmm i think you do 25 divided by .15

Create a storyline (word problem) for the real-world graph below.

(I can do the story part I just need the numbers)​

Answers

Answer:

Y would equal X on Day 65

Step-by-step explanation:

Im guessing by looking at the chart

Answer:

One line represents something getting heavier over time, while the line pointing down represents something getting lighter over time at a slightly slower rate.

can someone please tell me these answers

Answers

Answer:

1.

m= 1; b= 4

m= -4; b= 2

m= 1; b= 0

m= 3/2; b= -9

m= -7; b= 4/5

2. C

Step-by-step explanation:

Question 1.

Your slope equation is

y=mx+b

The number before the x is your slope. The number added or subtracted after is your b.

Question 2.

Slope is rise over run.

Math help please!!!!!!!!!!!!!!

Answers

Answer:

x-1

correct me if im wrong

Complete the statements describe how to convert feet to yards to find the number of yard like the number of feet by the unit rate blank feet per yard

Answers

Answer:

divide3 ft/yd

Step-by-step explanation:

To find the number of yard, divide the number of feet by the unit rate 3 feet per yard.

what is the percent change of
30 to 90?
what is what is the percent change of 30 to 90?​

Answers

Answer:

200% increase

Step-by-step explanation:



good night lol


what ever..........​

Answers

Answer:

night.....

Step-by-step explanation:

..............

First the first 4 term for 4n-5

Answers

Answer:

-1, 3, 7, 11

Step-by-step explanation:

First, let's find term 1. To find this term, we need to replace n with 1 - what is 4(1) - 5? Well, that's just 4 - 5, or -1. So, our first term is -1. Next, we'll find our second term. To do this, we'll replace n with 2. 4(2) = 8, and then 8 - 5 is equal to 3, so our second term is 3. Let's now find the third term by replacing n with the number 3. 4(3) - 5 is equal to 12 - 5, or 7. So, 7 is our third term. Finally, we'll find the fourth term. 4(4) is equal to 16, and 16 - 5 is equal to 11. So, the fourth and final term is equal to 11.

Hopefully that's helpful! :)

Step-by-step explanation:

Term 1: - 1

Term 2: 3

Term 3: 7

Term 4: 11

The rule is, where you see n, substitute with the position/term requested

First 4 terms are: - 1,3,7, 11

REI.C.6 Level 1
below.
2. A student is solving the system,
2x + 3y = 12
5x - 2y = 11
algebraically. Their work is shown below but is unfinished.
Continue where the student left off and solve the system.
2x + 3y = 12
5x - 2y = 11
=
2 (2x + 3y = 12)
3 (5x - 2y = 11)
4x + 6y = 24
15x – 6y = 33
-

Answers

Answer:

The solution is x = 3, y = 2.

Step-by-step explanation:

4x + 6y = 24

15x – 6y = 33    Add these 2 equations:

19x = 57

x = 57/19

x = 3.          Now Substitute for x in the original equation:

2(3) + 3y = 12

3y = 12 - 6

2y = 6

y = 2.

the first person to get this right earns breainlesit!!!!!!!!
witch expressions are evculient to 4b?

Answers

Answer:

B,C,D,F, those are yhe right answer

Alvin is 9 years older than Elga. The sum of their ages is 81. What is Elga's age?

Answers

Answer:

elga is 32 and alvin is 49

For n = 10 and 1 = 0.59, what is P(X = 8)?
P(X = 8) =
(Round to four decimal places as needed.)

Answers

nCx⋅px⋅(1−p)n−x

llllllllllllllllllllllllllllllllllllll

Pls confirm if right. If not pls help. Thx!

Answers

180 - 85 = 95

Yep, you are all good!

Answer:

yes you are correct

Step-by-step explanation:

factorise this
12a²+20a​

Answers

Answer:

4a(3a+5)

We take H.C.F of both number and the variables then we compare the HCF number and variable with our question and equate and write the answer about how much should be multiplied from the H.C.F answer to get the question.

4a(3a+5)
3a+5=0
3a=-5
a=-5/3

Image attached giving 25 points please help

Answers

Answer:

i think x = -5, y = -7 is a other solution set

Find the 11th term of the arithmetic sequence 10,-40,160,….

Answers

Answer:

10,485,760

Step-by-step explanation:

Multiply -4

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