Amortization refers at the process of paying off a debt (often from a loan or mortgage) over time through regular payments. A portion of each payment is for interest while the remaining amount is applied towards the principal balance. The percentage of interest versus principal in each payment is determined in an amortization schedule.
Read more »Amortization Schedule - What is it ?
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Rear View Mirror
Finding the exact car mirror is not easy especially if you're after a quality replacement auto aftermarket parts. Not to worry because when it comes to rear view, side view, and towing mirrors, you have Supreme Mirror to offer you just the right auto mirror at the right price.
Read more »Dead End of the Cul-de-Sac?
Virginia's plan to prohibit suburban cul-de-sacs is shortsighted and dangerous.
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Budget Transparency in Virginia - Take Two
On January 13, a news conference in Richmond featured three state legislators seeking to improve the transparency of the Virginia state budget. The event was sponsored by Tertium Quids, a statewide advocacy organization. See video here along with remarks by then-Senator Barack Obama on the importance of budget transparency.
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Doug Wilder: Governor, Mayor ... Blogger
Former Virginia Governor and Richmond Mayor Doug Wilder has entered the blogosphere.
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Let's Moneybomb Alexandria
Supporters of Joe Murray, a candidate in a special election for the Virginia House of Delegates, are sponsoring a money bomb for January 5. Murray has set a goal of raising $10,000 by January 7; the election will take place on January 13.
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3 Ways to Revitalize Michigan’s Economy
Everyone in Michigan knows that our state’s economy is suffering. We hear it all over the news–the auto industry is declining, jobs are being lost, businesses are moving out to other states, mortgage foreclosures are surging. But with so much gloom and despair under the spotlight of the media, where are the solutions? Here are 3 in no specific order that could turn our economy around.
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Michigan is Too Troubled for Mass Transit
Unfortunately, as nice as a light-rail system would be for Michigan, it is an unfeasible concept.
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