1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
UkoKoshka [18]
2 years ago
6

What is one key difference between payday loans and title loans?

Business
1 answer:
Nutka1998 [239]2 years ago
3 0

Personal loans usually have a fixed interest rate and a predetermined payback period. The length of your loan might range from 24 to 60 months. Rates will be determined mostly by your credit score and credit history, and can range from single digits to triple digits. Fees differ depending on the lender.

Title loans are high-interest, short-term loans secured by the title of your vehicle. The amount you may borrow is determined by the car's worth, and payback terms range from 15 to 30 days. Rates can be in the tens of thousands of dollars.

You might be interested in
Your friend Scotty informs you that in 2019 he received a tax-free reimbursement of some medical expenses he paid in 2018. Which
DanielleElmas [232]

Answer:

c.Scotty did not itemize deductions in 2018

Explanation:

Itemized deductions can be defined as a form of eligible expenses in which individual taxpayers can claim on federal income tax returns which will in turn reduce their taxable income, and this is said to be often claimable in place of a standard deduction, only in a situation where it is available which is why ITEMIZED DEDUCTIONS are expenses that are allowed by the IRS that can decrease your taxable income because when an individual itemize on his or her tax return, such individual can opt to pick and choose from the multitude of individual tax deductions out there instead of taking the flat-dollar standard deduction.

Therefore based on the Scotty scenario the statements that best explains why Scotty is not required to report the reimbursement in gross income is :Scotty did not itemize deductions in 2018

3 0
3 years ago
A positive result from the scientific management approach is an increase in _______ productivity.
nirvana33 [79]
A. Social thats the answer

6 0
3 years ago
Read 2 more answers
Suppose Ms. Smith sells her 2018 Honda Fit next year. The original cost of the
Greeley [361]

Answer:

C

Explanation:

Cost=10000

Accumulated depreciation=3000

Sales price=9000

Net value=10000-3000=7000

Gain=9000-7000=2000

7 0
3 years ago
Dibert Inc. has provided the following data concerning one of the products in its standard cost system.Inputs Standard Quantity
Soloha48 [4]

Answer:

Option (C) is correct.

Explanation:

Actual output = 5100 units

Actual direct labor-hours = 3,380 hours

Actual direct labor cost = $74,698

The  labor rate variance:

= (Actual Hours × Actual rate ) - ( Actual Hours × Standard Rate)

= $74,698 - ( 3,380 Hours × $20.40 Per Hour)

= $74,698 - $68,952

= $5,746 U

Since, the Actual is more than the Standard, the Variance is Unfavorable

Hence, the correct answer is $ 5,746 U

5 0
3 years ago
To allocate scarce goods and resources, a market economy uses . This means that individuals will get the goods and services if t
4vir4ik [10]

Answer:To allocate scarce goods and resources, a market economy uses non-price rationing preferential treatment price rationing . this means that individuals will get the goods and services if they have the ability to pay meet the government's requirements stand in line at the store.

Explanation: hope this helps u! (:

4 0
3 years ago
Other questions:
  • What is the price at which a dealer will sell a bond?
    8·1 answer
  • True or false: gross domestic product (gdp) cannot be used to measure the economy’s income. true
    13·1 answer
  • What are five basic principles found in a free enterprise system?
    6·1 answer
  • Determination of Retained Earnings and Net Income The following information appears in the records of Bock Corporation at the en
    5·1 answer
  • An increase in the cost of producing video tape shifts the supply curve of video tape ________ and shifts the demand curve for v
    14·1 answer
  • g Suppose a worker with an annual discount rate of 8 percent currently resides in Chicago and is deciding whether to remain ther
    5·1 answer
  • Why do you think the feudal system disappeared over the course of time? Best answer will be mark braniest
    12·1 answer
  • Most new workers in the labor force are men true or false?
    5·1 answer
  • Using the following data, prepare a statement of revenues, expenditures, and changes in fund balance for the General Fund of Jas
    10·1 answer
  • Unit price times quantity sold is ______. Multiple choice question. the break-even point total variable cost total profit total
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!