Which of the following statements regarding a 20-year monthly payment amortized mortgage with a nominal interest rate of 10% is correct? a. exactly 10% of the first monthly payment represents interest. b. the monthly payments will increase over time. c. a larger proportion of the first monthly payment will be interest, and a smaller proportion will be principal, than for the last monthly payment. d. the total dollar amount of interest being paid off each month gets larger as the loan approaches maturity. e. the amount representing interest in the first payment would be higher if the nominal interest rate were 7% rather than 10%.

What is the difference between a public and a private corporation?

Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000

In william rathje's garbology project that focused on household waste, front door interviews found 15 percent of respondents saying that they consumed beer. the trash discard from the same area showed what percentage of household's consuming beer