Explain what is loan amortisation. What elements are there in loan amortisation. How do an accountants deal

Fantastic news! We've Found the answer you've been seeking!

Question:

Explain what is loan amortisation. What elements are there in loan amortisation.

How do an accountants deal with loan amortisation?

Give some definitions and examples.

Related Book For answer-question

Mathematical Statistics With Applications In R

ISBN: 9780124171138

2nd Edition

Authors: Chris P. Tsokos, K.M. Ramachandran

See More Books

Posted Date: Feb 23, 2024 05:00 AM

See More Questions

: (i) What data structures are maintained by the page manager. (ii) What happens when a machine performs a read operation to a page. (iii) What happens when a machine performs a write operation to a...
llustrate different ways of connecting these components together to span a range of performance requirements. [10 marks] For each of the performance categories that you identify state today's typical...
Let A, B be sets. Define: (a) the Cartesian product (A B) (b) the set of relations R between A and B (c) the identity relation A on the set A [3 marks] Suppose S, T are relations between A and B, and...
The trial balance of Terry manning Fashion Center contained the following accounts at November 30, the end of the companys fiscal year. Adjustment data: 1. Store supplies on hand totaled $2,500. 2....
How do economies of scale in banking relate to the issue of interstate banking?
According to recent studies, 1% of all patients who undergo laser surgery (i.e., LASIK) to correct their vision have serious post-laser vision problems (All About Vision, 2006). In a random sample of...
Identify the mode for each of the following sets of data: a. 6, 2, 7, 6, 6, 4 b. 13, 19, 12, 13, 7, 13, 20, 13, 15 c. 4, 2, 5, 1, 2, 2, 5, 5, 3, 1, 5, 2, 6, 3 d. 40, 10, 35, 30, 10, 25, 5, 10, 15,...
Use regression analysis to fit a linear trend model to the data set. a. What is the estimated regression function? b. Interpret the R2 value for your model. c. Prepare a line graph comparing the...
Joint Cost Allocation Net Realizable Value Method Nature s Garden Inc. produces wood chips, wood pulp, and mulch. These products are produced through harvesting trees and sending the logs through a...
Sherry, who is 52 years of age, opened a Roth IRA three years ago. She has contributed a total of $12,300 to the Roth IRA ($4,100 a year). The current value of the Roth IRA is $17,600. In the current...
Self-regulation and regulation are cornerstones to sound accounting and taxation practices which includes members' professional development. So how could the recent PWC Taxation Scandal occur and...
Suppose we have an empty bunny table with two columns: name and color. What is the state of the table after running this code? A. It has one row. B. It has two rows, and the color is Brown in both....
Given the following three class declarations, which sets of access modifiers can be inserted, in order, into the following blank lines that would allow all of the classes to compile? (Choose three.)...
How many of these module declarations are valid? A. None. B. One. C. Two. D. Three. E. Four. F. Five. module com.apple { exports com.apple; } module com.4apple { requires com.apple;} module...
Suppose the pandas table has one row with the name Mei Xiang and the location DC. What does the following code output? A. Mei Xiang B. No match C. The code does not compile due to line s1. D. The...
Fill in the blanks: The __________ annotation allows annotations from a superclass to be applied to a subclass, while the __________ annotation determines whether annotations are present in generated...
Choose an organization that you interact with regularly and list as many different systems (computer-based or not) as you can that are used to process transactions, provide information to managers...
Refrigerant R-12 at 30C, 0.75 MPa enters a steady flow device and exits at 30C, 100 kPa. Assume the process is isothermal and reversible. Find the change in availability of the refrigerant.
Let Y have a chi-square distribution with 7 degrees of freedom. Find the following probabilities. (a) P (Y > y0) = 0.025 (b) P (a < Y < b) = 0.90 (c) P (Y > 1.239).
Let X11, X12, . . . , X1n1 be a random sample with sample mean X1 from a normal population with mean 1 and variance 12 , and let X21, X22, . . . , X2n2 be a random sample with sample mean X-bar2 from...
A biased coin is tossed n times. Let xi be 1 if the ith toss is heads and 0 if it is tails. Assume a non informative prior, p() = 1, 0 < < 1. Let t be the number of heads obtained. Show that the...
According to the pecking order theory: A. new debt is preferable to new equity. B. new debt is preferable to internally generated funds. C. new equity is always preferable to other sources of capital.
According to the static trade-off theory: A. debt should be used only as a last resort. B. companies have an optimal level of debt. C. the capital structure decision is irrelevant.
All else equal, the use of long-maturity debt is expected to be greater in those markets in which: A. inflation is low. B. capital markets are passive and illiquid. C. the legal systems protection of...

Explain what is loan amortisation. What elements are there in loan amortisation. How do an accountants deal

Question:

Expert Answer:

Loan amortization refers to the process of spreading out a loan into multiple fixed payments over time with each payment covering both the principal a... View the full answer

Mathematical Statistics With Applications In R

Students also viewed these finance questions