Under What Conditions (E $\Delta$ G = $\Delta$ H -T $\Delta$ S
(B)q =

question 96

Short Answer

Under what conditions (e.g.,constant P)are the following relations true?
(a) $\Delta$ G = $\Delta$ H -T $\Delta$ S
(b)q = $\Delta$ H

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Definitions:

Amortization Schedule

A table detailing each periodic payment on an amortizing loan (typically a mortgage), as well as how much of each payment is interest versus principal and the balance remaining after each payment.

Compounded Semi-annually

Interest calculation method where interest is added to the principal sum of a loan or deposit twice a year, resulting in interest earning interest.

Amortization Schedule

An amortization schedule is a table detailing each periodic payment on an amortizing loan, including amounts going towards principal and interest over the life of the loan.

Total Debt Service Ratio

A financial ratio that compares an individual's total debt payments to their gross income, used by lenders to assess borrowing capacity.