The repayment of a loan in a series of equal periodic payments is called _____________. a. Amortization b. Mortgage c. Down payment d. Installment loan

Simple interest refers to interest on a loan computed as a percentage of the loan amount. Compound interest refers to the process of, investing your money. saving your money. C a loan amortization. a loan computed at a nominal interest rate. E earning interest on interest.

When a lessor receives cash on an operating lease, which of the following accounts is increased? A. Lease Payable B. Interest Revenue: Leases C. Lease Receivable D. Rent Revenue

What are the benefits to the back for amortizing a loan

A "mortgage" is a loan contract and is actually made up of which two contracts: O Index & Margin O Note & Deed Fixed & Adjustable O Amortized & Interest-Only

In describing investments and loans, the stated interest rate is known as the or rate. periodic or effective periodic or compounding annual or nominal annual percentage yield or effective

. Accounts receivable financing is the term used to describe which of the following types of loans that involve either the assignment or the factoring of a firm's accounts receivable?  A.  Secured short-term loan   B.  Unsecured short-term loan   C.  Secured long-term loan   D.  Unsecured long-term loan   E.  Trust receipt loan

Explain The Graduated Payment Mortgage (GPM)

When a lessee makes periodic cash payments for a finance lease, which of the following accounts is decreased? A.Right-of-Use Asset B.Lease Rental Expense C.Interest Expense D.Lease Liability

#45 A type of short-term loan where the borrower sells its accounts receivables to the lender at a discount to face value is called: a bond. a compensating balance. a letter of credit. an assignment. factoring.