alexandraguevara alexandraguevara

03-03-2020
Mathematics

contestada

3. When making an extra payment on an amortized loan, where does the extra money go?

Respuesta :

shadowfamilyking shadowfamilyking

03-03-2020

i would think it goes to them or like the bank

Answer Link

sunainashaheen sunainashaheen

03-03-2020

extra payment made reduces the amount of interest and shorten the amortization, as long as the payment goes towards the principal, and not the interest

Answer Link

Otras preguntas

Why do I only breathe out of one nostril?

winnie wrote the following riddle .I am a number between 60 and 100

if 5% of the total ticket is $125 what is the value of the total ticket sales

Tabitha is raising rabbits to sell during the spring she has 16 rabbits and feeds them each one half cup of carrots every morning the bag of carrots She bought

Which does not describe the Columbian Exchange and its consequences? A.diseases including smallpox in the Americas B.corn and potatoes as crops in the Americas

what is the average speed of a car that travels 600 km in 10 hours?

Olivia is making scarves. Each scarf will have 5 rectangles, and 2/5 of the rectangles will be purple. How many purple rectangles does she need for 3 scarves?

A bus and a car have an inelastic head-on collision. The bus has a mass of 1.5 × 103 kilograms and an initial velocity of 20 meters/second. The car has a mass

In “The Necklace” by Guy de Maupassant, what is the result of Mathilde visiting her rich friend?

which fraction is greater 2/3 or 5/8