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lesya692 [45]
2 years ago
10

What percent of adults, nationally, were current on all credit payments in the last year?

Business
1 answer:
Furkat [3]2 years ago
8 0

The percentage of adults, nationally, that were current on all credit payments in the last year is 78.5% .

Your friend is incorrect in assuming that all will have high credit scores. because base on the fact that a lot young adults have no credit experience.  They are said to often have a high balance on too many credit card.

The state’s on-time payment record compare to the national rate is known to be Texas who are said to have an on-time payment record of 6.7% that is known to be lower than the national rate.

Miral county’s payment rate is 80%, 10% higher than the state of Texas.

The “clumping may be due to the types of jobs that are available to certain states.

<h3>The reasons our credit card or loan bill paid late?</h3>

The  reasons why our credit card or loan bill late said to be late is known to have a lot of serious effects if not managed. It can lead to:

  • Credit score reduction drastically, that can affect your credit report badly.
  • It can also  affect the types of opportunities, etc. that one can get through the credit bureau.

learn more about  credit payments from

brainly.com/question/2151013

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I need help on this question please
Vinil7 [7]

Answer:

the growth of real Gdp is a

5 0
3 years ago
I dont get it<br> can you help ye s didniit os good to dxuiowesxvuedhhgv0x difc id dv h 0oidv
Sever21 [200]
I don’t get it either jsjsvsusm ssnshwkwnnw skshwbjsj skjsbs djdhsnsj
8 0
3 years ago
Read 2 more answers
A movement along the phillips curve shows that the unemployment rate and inflation rate are.
Gemiola [76]

Changing in response to the supply-side policy.

<h3>What causes a movement along the Phillips curve?</h3>
  • An increase in AD is a shift from point A to point B. Inflation rises, and the jobless rate falls when AD rises. A shift from point A to point C corresponds to a reduction in AD.
  • The Phillips curve is a diagram that illustrates the economic link between the rate of unemployment and the pace at which wages are changing in terms of money. It reflects the belief of economist A. William Phillips that wages tend to increase more quickly when unemployment is low.
  • According to the Phillips curve, unemployment and inflation are inversely related. Lower unemployment is correlated with higher inflation, and vice versa.

A movement along the phillips curve shows that the unemployment rate and inflation rate are.

Changing in response to the supply-side policy.

To learn more about the Phillips curve, refer to:

brainly.com/question/14058703

#SPJ4

3 0
1 year ago
10. You are offered an annuity that will pay you $200,000 once every year, at the end of each year, for 25 years (i.e. the first
seraphim [82]

Answer:

PV= $2,749,494

Explanation:

Giving the following information:

Cash flow= $200,000

Number of periods= 25

Interest rate= 5.25%

<u>First, we need to calculate the future value using the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual cash flow

FV= {200,000* [(1.0525^25) - 1]} / 0.0525

FV= $9,881,102.14

<u>Now, the present value:</u>

PV= FV/(1+i)^n

PV= 9,881,102.14 / (1.0525^25)

PV= $2,749,494

6 0
3 years ago
Main Street Ice Cream Company uses a plantwide allocation method to allocate overhead based on direct labor-hours at a rate of $
attashe74 [19]

Answer:

$1,702 , $1,497, and $1,957

Explanation:

The computation of the total cost is shown below:

Particulars Strawberry Vanilla Chocolate

Direct Labor $766          $841  $1,141

Direct Material  $816          $516  $616

Overhead   $120               $140        $200

                        (60 × 2)           (70 × 2)   (100 ×2)

Total Cost   $1,702           $1,497    $1,957

We simply added the direct labor cost, direct material cost and the overhead cost so that the total cost could come

8 0
3 years ago
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