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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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MC Qu. 112 A company is considering... A company is considering the purchase of new equipment for $105,000. The projected annual
Alina [70]

Answer:

Net Present Value =  $660.98  

Explanation:

<em>The Net present value (NPV) is the difference between the Present value (PV) of cash inflows and the PV of cash outflows. A positive NPV implies a good and profitable investment project and a negative figure implies the opposite. </em>

NPV of an investment:  

NPV = PV of Cash inflows - PV of cash outflow  

<em>PV of cash inflow = A× (1- (1+r)^(-n))/r </em>

A- annul cash inflow, r- 8%, n- 3

PV of cash inflow= 41,000× (1- 1.08^(-3))/0.08

=   105,660.98  

Initial cost = 105,000

NPV =  105,660.98  - 105,000

= $  660.98  

3 0
3 years ago
Paul and Micheal sell magazine subscriptions by telephone. {aul is paid $1.00 for every five calls he makes, while Mike is paid$
BARSIC [14]

Paul and Micheal sell magazine subscriptions by telephone. Paul is paid $1.00 for every five calls he makes, while Mike is paid$1.00 for every subscription he sells, regardless of the number of calls he makes. Paul's telephoning is reinforced on a <u>fixed-interval</u> schedule, whereas Mike's is reinforced on a <u>variable-ratio</u> schedule.

<h3><u>What is a fixed-interval timetable?</u></h3>

The initial response is rewarded only after a predetermined period of time has passed in fixed-interval schedules. This schedule results in rapid responses near the end of the interval but slower responses right after the reinforcer are given. A fixed-interval (FI) schedule consists of two parts:

  • It calls for the passage of a certain amount of time before reinforcement will be supplied in response to a response, and
  • No response during the interval is reinforced; only the first response after the interval's completion is reinforced.
<h3><u /></h3><h3><u>What is the variable-ratio schedule?</u></h3>

A schedule of reinforcement known as a variable ratio schedule rewards a behavior after a predetermined number of responses. High, consistent response rates are the result of this type of timetable. Because they believe that the subsequent reaction might be the one they need to receive reinforcement, organisms are persistent in responding.

Learn more about the fixed-interval schedule with the help of the given link:

brainly.com/question/14486802?referrer=searchResults

#SPJ4

5 0
1 year ago
Customers paying with credit consider the purchase a kind of
Anna35 [415]

Answer:

The answer is investment

Explanation:

4 0
3 years ago
A person starts her own business after quitting a job in which she made $75,000 a year. Expenses include $100,000 for wages and
romanna [79]
Explicit costs are business expenses that are easily identifiable and can be accounted for.

1) Wages and salaries = 100,000
2) Utilities expenses = 15,000
3) Materials and Supplies = 150,000
4) Gasoline expense = 5,000

100,000 + 15,000 + 150,000 + 5,000 = 270,000 answer is C.
5 0
3 years ago
What information appears on a pay stub?
Ira Lisetskai [31]

Answer:

salary prior to taxes and tax deductions.

Explanation:

A pay stub usually referred to as a pay slip or paycheck stub is the financial document that lists the amount of money an employee is paid. It is generally issued by the employers for each

pay period.

Pay stub gives a detailed information about total earnings of an employee for the pay period, tax deductions from the total as well as the net pay after deductions.

Federal Insurance Contributions Act (FICA) is usually written on all pay stubs, which is an indication of an employee's contribution to Medicare and Social Security.

7 0
3 years ago
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