Select the statement that is true about the relationship between the interest rate, the principal, the loan repayment period, and the total cost of the loan.a. The shorter the loan repayment period, the higher the total cost of the loan.
b. The higher the principal the interest rate, the longer the loan repayment period.
c. The longer the loan repayment period, the higher the total cost of the loan.
d. The higher the interest rate, the longer the loan repayment period.

Answers

Answer 1
Answer:

Answer: C. The longer the loan repayment period, the higher the total cost of the loan. This statement is true because of the relationship between the interest rate, the principal, the loan repayment period and the total cost of the loan. When you have a long term loan, you are ultimately paying interest over a longer period than if you had a short term loan. Due to the length of the loan, the overall amount paid on the loan is much higher. The longer the loan, the longer interest is accuring and being paid on it.


Related Questions

Theoretically, what would happen if a nation had an unlimited supply of a certain resource? Why
determine the interest that would be charged on a two-week $300 payday loan if the interest rate is 520%, and the interest is compounded at the end of the two weeks. Explain how you came to your answer
"1. why is the first rule of investing to only invest money that won't be needed for at least five years? what occurs in those 5 years?"
A large telephone company has hired lobbyists to try to persuade lawmakers to reduce governmental regulation over the telecommunications industry. Why might the company do this?a. Some regulations are costly to implement and cut into profits. b. Many regulations promote too much competition, driving down prices. c. Certain regulations result in rapid 4 growth, which some companies find difficult to handle. d. All of the above
Investing in several types of securitiesa. reduces safety. c. increases liquidity. b. reduces risk. d. increases marketability. Please select the best answer from the choices provided

Cameron and Drake are making plans for Saturday. Cameron wants to go bowling. Drake does not bowl well and prefers to shoot hoops at the YMCA. Cameron wants Drake to have a good time so he agrees shooting hoops will be fun for both of them. Cameron's decision to shoot hoops is an example of _____.mediationarbitrationcompromiseevaluation

Answers

compromising
because he thought of Drake instead of making him go bowling   

Answer:

C.) Compromise

Explanation:

The ______ is the amount returned to the investor at the maturity date when the bond is due.A. Capital gain
B. Principle
C. Terminal Value

Answers

b would be the answer well thats what my teacher and parents told me any way

An example of libel is a journalist making someone look bad by purposefully:

Answers

An example of libel is a journalistmaking someone look bad by purposefully making up false and defamatorystatement. When a journalist causes damage against the subject’s reputation itis considered to be libel. State consider six different legal elements in libelcases which are the defamatory nature of the communication, the way it waspublished, the truth or falsity of the claims and the harm on reputation. 

Answer:

Libel

Explanation:

From the perspective of employee, the effective channeling of work-related infomation and concerns

Answers

From the perspective of an employee, the effective channeling of work-related information and concerns A. should be conveyed directly to the manager in charge of function involved

Supply chain ____ can inhibit operations due to minimal inventory levels in lean systems. A) Agility B) Risk management C) Disruption D) Vulnerability

Answers

The term that fits the description is C) Disruption.

Disruption in the supply chain can occur due to various reasons, such as unexpected events like natural disasters, supplier failures, geopolitical issues, or other unforeseen circumstances. In a lean system where inventory levels are kept minimal to reduce waste and improve efficiency, disruptions can have a significant impact on operations, causing delays and potentially halting production due to a lack of necessary materials or components.

Options A, B, and D are important aspects of supply chain management but do not directly relate to the inhibiting effect of minimal inventory levels in lean systems caused by disruptions. Agility (A) refers to the ability to quickly respond and adapt to changes. Risk management (B) involves identifying, assessing, and mitigating risks in the supply chain. Vulnerability (D) refers to the degree to which a system is exposed to the possibility of disruptions or adverse events.

The output at a certain factory is Q(K, L) 120K23 L13 units, where K is the capital investment measured in units of $1,000 and L the size of the labor force measured in worker-hours. a. Compute the output if the capital investment is $125,000 and the size of the labor force is 1,331 worker-hours. b. What will happen to the output in part (a) if both the level of capital investment and the size of the labor force are cut in half

Answers

Answer:

a. Compute the output if the capital investment is $125,000 and the size of the labor force is 1,331 worker-hours.

Q(K, L) = 120K²/³ x L¹/³

  • K = $125,000 / $1,000 = 125
  • L = 1,331

Q(125,1331) = 120 x 125²/³ x 1331¹/³ = 120 x 25 x 11 = 33,000 units

b. What will happen to the output in part (a) if both the level of capital investment and the size of the labor force are cut in half

Q(K, L) = 120K²/³ x L¹/³

  • K = 125 / 2 = 62.5
  • L = 1,331 / 2 = 665.5

Q(62.5,665.5) = 120 x 62.5²/³ x 665.5¹/³ = 120 x 15.75 x 8.73 = 16,499.7 units

Final answer:

To solve the problem, substitute the given values for capital and labor into the function equation to find the output. Then, cut those values in half and do the process again to establish how the output changes.

Explanation:

To solve this problem, first we must understand the function provided: Q(K, L) = 120K^2/3 L^1/3. In this function, Q is output, K is capital investment, and L is labor force.

For part (a), we substitute K with 125 (since K is in units of $1000 and capital investment is $125,000), and L with 1331:

Q(125,1331) = 120(125)^2/3 (1331)^1/3

Solve this equation to find Q, which is the output.

For part (b), if both capital and labor are cut in half, we substitute K with 62.5 and L with 665.5 into the equation, and solve for Q again to find out how the output changes:

Q(62.5,665.5) = 120(62.5)^2/3 (665.5)^1/3

Finding the solutions to these calculations will provide you with the answers to both parts of your problem.

Learn more about Production Function here:

brainly.com/question/13755609

#SPJ3