Answer to Question #52657 in Other Economics for nadine
c security holder
d federal government
Both Gates and Buffet became rich not because of their high salaries or their great products but because they built great companies and took the companies public.
So, the right answer is b.
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THE MONTHLY PAYMENT NEEDED TO AMORTIZE A 75,000 FIXED-RATE, 15 YEAR LOAN AT 8% INTEREST IS 716.74. HOW MUCH OF THE FIRST MONTHS PAYMENT WILL GO TOWARD PRINCIPAL REDUCTION OF THE MORTGAGE?