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.

for more such question on interest visit

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Related Questions

Help help help math math math

Answers

81°

Step-by-step explanation:

The sum.of the interior angles of a triangle is equal to 180°. Hence, in our triangle, we can see that

[tex]41° + 58° + \angle{3} = 180° \Rightarrow 99°+\angle{3} = 180°[/tex]

We then see that

[tex]\angle{3} = 180° - 99° = 81°[/tex]

Answer: 81 i believe

Step-by-step explanation:

Assume that police estimate that 30% of drivers do not wear their seatbelts. They set up a safety roadblock, stopping cars
to check for seatbelt use. They stop 40 cars during the first hour.
a. Find the mean, variance, and standard deviation of the number of drivers expected not to be wearing seatbelts. Use the
fact that the mean of a geometric distribution is j = and the variance is 02 - 9
1
р
2
b. How many cars do they expect to stop before finding a driver whose seatbelt is not buckled?
=

...
The mean is
(Round to the nearest tenth as needed.)
The variance is
(Round to the nearest tenth as needed.)
The standard deviation is
(Do not round until the final answer. Then round to the nearest tenth as needed.)
They expect to stop cars before finding a driver whose seatbelt is not buckled.
(Round to the nearest tenth as needed.)

Answers

Using the binomial distribution, it is found that:

a)

The mean is of 12.The variance is of 8.4.The standard deviation is of 2.9.

b) They expect to stop 3.3 cars before finding a driver whose seatbelt is not buckled.

For each driver, there are only two possible outcomes, either they wear their seatbelts, or they do not. The probability of a driver wearing their seatbelt is independent of any other driver, hence, the binomial distribution is used to solve this question.

Binomial probability distribution

Probability of exactly x successes on n repeated trials, with p probability.

The expected value of the binomial distribution is:

[tex]E(X) = np[/tex]

The variance of the binomial distribution is:

[tex]V(X) = np(1-p)[/tex]

The standard deviation of the binomial distribution is:

[tex]\sqrt{V(X)} = \sqrt{np(1-p)}[/tex]

In this problem:

30% of drivers do not wear their seatbelts, hence [tex]p = 0.3[/tex].They stop 40 cars during the first hour, hence [tex]n = 40[/tex].

Item a:

[tex]E(X) = np = 40(0.3) = 12[/tex]

[tex]V(X) = np(1-p) = 40(0.3)(0.7) = 8.4[/tex]

[tex]\sqrt{V(X)} = \sqrt{np(1-p)} = \sqrt{40(0.3)(0.7)} = 2.9[/tex]

Hence:

The mean is of 12.The variance is of 8.4.The standard deviation is of 2.9.

Item b:

The number of trials until q successes of a binomial variable is modeled by a geometric distribution, with expected value given by:

[tex]E(X) = \frac{q}{p}[/tex]

In this problem, one success, hence [tex]q = 1[/tex] and:

[tex]E(X) = \frac{q}{p} = \frac{1}{0.3} = 3.3[/tex]

They expect to stop 3.3 cars before finding a driver whose seatbelt is not buckled.

To learn more about the binomial distribution, you can take a look at https://brainly.com/question/24863377

What equation represents this sentence? 42 is the quotient of a number and 6.

Answers

Answer:

42= x/6

Step-by-step explanation:

Quotient means the answer of a division problem

sense we don’t know the ”number” in this situation it will be seen as a variable or x

x / 6 = 42

to find x we just do 42/6 to get 7

x=7

QUESTION 22 PLEASE HELP ME!!!!

Answers

Answer:

the answer is infinite

Step-by-step explanation:

would u like me to explain?

6) Solve
5x < -10
AX <-2
B) x>-2
CXC-15
D) x < -50

Answers

Hey there!

5x < -10

DIVIDE 5 to BOTH SIDES

5x/5 < -10/5

CANCEL out: 5/5 because it gives you 1

KEEP: -10/5 because it helps solve for the x-value

NEW EQUATION: x < -10/5

SIMPLIFY IT!

x < -2

It is an OPEN circle shaded to the RIGHT

Therefore, your answer should be:

Option A. x < -2

Good luck on your assignment and enjoy your day!

~Amphitrite1040:)

the perimeter of a square is 44 cm find the area​

Answers

Answer:

The given perimeter is \[44cm\]. Hence, the area of the given square is \[121c{m^2}\].

Step-by-step explanation:

121cm

Perimeter = sum of all sides

A square has 4 equal sides, therefore 44/4 = 11, so the length of each side in the square is 11cm.

Area of square = length x width

Area = 11 x 11

Area = 121cm

Please write in full sentences.
Brainliest and 100 points.
If you don't know then don't answer.

Answers

Answer:

no because there is a 10 which make it not proportional

Step-by-step explanation:

hope that helps.

Answer: No they are not proportional because the last row has -10 which obstructs the whole relationship.

Look back at the plans these students used to solve the word problem below.
Who found a correct solution?
- STEP 4: LOOK BACK
According to soap box derby rules, a racer must weigh 250
pounds or less. The Math Club's car weighed in at 266
pounds on the day of the derby. How many pounds did the
Math Club need to remove from their soap box racer?
Dana added the weight limit to the Hector subtracted the weight limit
racer's weight. Since
from the racer's weight. Since
250 +266 = 516, the Math Club 266 - 250 = 16, the Math Club
needed to remove 516 pounds from needed to remove 16 pounds
the racer
from the racer
O A. Dana
B. Hector

Answers

the answer should be option A.

Calculator
6 mm
What is the area of this figure?
6 mm
Enter your answer in the box.
8 mm
8 mm
mm

Answers

Answer:

[tex] {84mm}^{2} [/tex]

Step-by-step explanation:

Area of square= l×l

Area of square= 6mm × 6mn

Area if square = 36 mm²

Area of triangle 1= ½b ×h

Area of triangle 1= ½ (6mm)(8mm)

Area of triangle 1 = 24 mm²

Area of triangle 2 is the same as area of traingle 1 because they have the same base and hight

: . area of triangles is 48mm²

Area of the figure= Area of square + Area of triangles

A of figure = 36+48

A of figure = 84 mm²

Option 2

Use trapezium formula

Area of trapezium= (a+b)/2 * h

a=6 mm (base)

b=8+6=14 mm (Base)

h= 6mm (height)

[tex]area \: of \: trapezium = ( \frac{6 + 14}{2} )(6) \\ = 60mm ^{2} [/tex]

Therefore the area of triangle= 24mm² as calculated in option 1

Area of the figure= Area of trapezium +Area of triangle

Area of figure = 60+24

= 84 mm²


Serena is driving to the mountains for a summer
camping trip. She is traveling at a constant rate of 45
miles per hour. The graph shows the ratio time:
distance. How far has Serena traveled after 4 hours?

Answers

she travels 180 miles after 4 hours

(Quick Please) 8x - 4 < -36 solve the equality show your work

Answers

Answer is -4

Step-by-step explanation:

8x-4< -36

8x < -36+4 (move [- 4] to the other side to find x)

8x < -32

8x < -4

Answer:

x < -4

Step-by-step explanation:

8x - 4 < -36

+4           +4 (Add 4 on both sides)

8x < -32

/8      /8        (Divide by 8 on both sides)

x < -4

LAST ATTEMPT IM MARKING AS BRAINLIEST!! (Draw a dilation of the figure using the given scale factor )

Answers

Answer:

A = (0,1)

B = (1,-1)

C = (-1,-1)

Step-by-step explanation:

If this helped leave a brainliest

multiply coordinates by the scale factor = 1/4

Solve for x. 3x+11=9x-14

Answers

Answer:

x=25/6

Step-by-step explanation:

3x+11=9x-14

11=6x-14

25=6x

x=25/6

Answer:

[tex]x=\cfrac{25}{6}[/tex]

or

[tex]x=4.16[/tex]

Step-by-step explanation:

[tex]3x+11=9x-14[/tex]

[tex]3x+11-11=9x-14-11[/tex]

[tex]3x=9x-25[/tex]

[tex]3x-9x=9x-25-9x[/tex]

[tex]-6x=-25[/tex]

[tex]\cfrac{-6x}{-6}=\cfrac{-25}{-6}[/tex]

[tex]x=\cfrac{25}{6}[/tex]

Have a good day!

Grandma Maude wanted a tall cake for her 80th birthday. The baker made a cake with 4x3 – x layers. Each layer was 2 + 3x2 cm. Which expression shows the total height of Grandma Maude’s cake?

Answers

Using proportions, it is found that the expression that shows the total height of Grandma Maude’s cake is:

[tex]t = 12x^5 + 5x^3 - 2x[/tex]

This question is solved by proportions, using a rule of three.The measure of one layer, in cm, was of [tex]2 + 3x^2[/tex]. In total, there were [tex]4x^3 - x[/tex] layers.

The rule of three is:

1 layer - [tex]2 + 3x^2[/tex] cm

[tex]4x^3 - x[/tex] layers - t cm

Applying cross multiplication:

[tex]t = (4x^3 - x)(2 + 3x^2) = 12x^5 + 5x^3 - 2x[/tex]

To learn more about proportions, you can take a look at https://brainly.com/question/24372153

Answer:

12x5 + 5x3 – 2x cm

Step-by-step explanation:

LAST ATTEMPT IM MARKING AS BRAINLIEST!! (Finding missing sides- similar triangles Algebraic practice )

Answers

143 / 6x+12 = 132 / 72
143 / 6x+12 = 11 / 6

crossmultiply:
66x + 132 = 858
66x = 726
x = 11

Answer:

[tex] \frac{vw}{gf} = \frac{uv}{hg} [/tex]

[tex] \frac{72}{132} = \frac{6x + 12}{143} [/tex]

[tex] \frac{6}{11} = \frac{6x + 12}{143} [/tex]

Now we cross multiply

6×143=11(6x+12)

858=66x+132

858-132=66x

726=66x

x=11

Which equation describes the line shown in the graph?

Answers

Answer:

D

Step-by-step explanation:

:)

Don’t know where to start

Answers

Answer:

A = 80π

Step-by-step explanation:

Area of a circle is A = πr²

Area of the the largest circle - Area of the smaller circle = the shaded part.

Largest circle    -    Area of the smaller circle   = Shaded part of circle

A  = π(12)²         -     A = π(8)²

    144π            -      64π                           =        80π

help plsssssssssssssss

Answers

Answer:step 2

Step-by-step explanation:

-2x^2 + (y)(x/3); use x= -3, and y = 2​

Answers

Answer:

-2(x^2+1)

Step-by-step explanation:

1. Divide The Numbers:

-2x^2+2(-3/3)

-2x^2+2(-1)

2. Multiply The Numbers:

-2x^2+2(-1)

-2x^2-2

3. Common Factor:

a. Factor by grouping

-2x^2+2(-3/3)

-2x^2-2

b. Factor by Grouping

-2x^2-2

-2(x^2+1)

-2x^2+(2)(-3/3)

Solution: -2(x^2 + 1)

How do I rewrite the improper fractions as a mixture number? Please explain step by step to get marked as brainliest

Answers

Answer:

1) Divide the numerator by the denominator.

2) Write down the whole number result.

3) Use the remainder as the new numerator over the denominator. This is the fraction part of the mixed number.

Step-by-step explanation:

not sure of this will help... but hope it does!

Answer:

Explained below :)

I tried my best to explain, sorry if it doesn't make sense

Step-by-step explanation:

Example problem: 11/4 (Mixed number)

1: 11 divided by 4 = 2 (whole number) with a remainder of 3

( Numerator divided by denominator) (Don't turn the number into a decimal leave the remainder)

2: Take the remainder and put it over the denominator 3/4

3: Whole number beside the remainder over the denominator

Your answer would be 2 3/4

A scuba diver descends farther down into the ocean from an initial depth of 15.2 feet below sea level. The scuba diver descends at a constant rate for 212 minutes and reaches a depth no more than 46.7 feet below sea level.

What is the maximum rate, r, that the scuba diver may descend?



r≥241925


r≤12.6


r≤241925


r≥12.6

Answers

Answer:

r <= 12.6

Step-by-step explanation:

Let's calculate the rate at which he descends:

r = (46.7 - 15.2)/212 = 0.15 feet/minute

A hybrid car can go 400 miles on 8 gallons of gas. How far can the car take you with 1 gallon of gas?

Answers

Answer:

50 miles

Step-by-step explanation:

Take the number of miles and divide by the number of gallons

400 miles / 8 gallons

50 miles per gallon

Answer:

50 miles

Step-by-step explanation:

if for each 8 gallons it can go to 400 miles

so the 8 will be divided to 8 and get 1

and also divide the 400 into 8 you will get 50 miles per 1 gallon

If x = 6, what is the value of 3x2 - 13?

Answers

Answer:

the answer should be 95

Step-by-step explanation:

hope this helps!❆

Answer:

value is 95

Step-by-step explanation:

if x = 6

------------

3x² - 133(6²) - 133(36) - 13108 - 1395

value of 3x2 - 13 is 95

I need help with this solve

Answers

Answer:

the answer is 64%

Step-by-step explanation:

80/125 = 64

Geoff works at a warehouse , earning $17.50 per hour plus a $200 what’s the equation?

Answers

Answer:

P = 17.50x + 200

Step-by-step explanation:

x is the number of hours worked

P is how much money Geoff earns

pls help me
I am giving brainliest​

Answers

Solution

1/49 x (441x^2 - 16)

Answer is 1/49 x (21x - 4) x (21x + 4)

Mrs. Jerry wants her 25 students to each have 48 buttons to make a craft project. Mrs. Jerry finds buttons in bags at a store. There are 15 buttons in each bag. How many bags of buttons does Mrs. Jeremy need to buy so she has exactly enough buttons for 25 students?

Answers

Answer:

3 bags

Step-by-step explanation:

add 15 x 15 x 15 and you should have enough bags

(5 + 16) = 7 + (4 x 7) =
Bidmass

Answers

Answer:

(5 + 16)=7 + (4 x 7)

Step by step - explanation:

Solve:

Add the numbers

(5 + 16)= 21.

(4 x 7) = 28 + 7 = 35.

So the result is 21 = 35.

Hope that helps. x

Answer:

Step-by-step explanation:

(5+16)=7+(4.7)

(21)=7+(4.7)

21=7+(4.7)

21=7+(28)

21=7+28

21=35

Answer: 21=35

Which of the following is the figure most likely the graph of?

A) f(x) = (2/3)x
B)f(x) = –2x
C)f(x) = (3/2)x
D)f(x) = 2x

Answers

The accurate line represented by line b because during such experiment ( osmosis or mass transfer) there would be a time where the system be in equilibrium meaning that that the net movement will be zero. In line B at time starting 15 min equilibrium is reached no further movement is attained beyond it.

answer both pls help fast

Answers

Answer:

Answers given in the photo

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