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2 years ago

One advantage of a fixed interest rate over a variable rate is that a fixed rate

1 answer:

6 0

Fixed rates have the advantage over variable rates in that debt may be readily repaid within the allotted time. Hence, choice B

<h3>What is a fixed and variable rate?</h3>

Loans with fixed interest rates have an interest rate that will not change throughout the loan's term, regardless of changes in market interest rates. A loan with a variable interest rate is one in which the interest rate imposed on the outstanding balance changes in accordance with changes in the market interest rates.

Therefore, the benefit of fixed rate versus variable rate is that it enables speedier debt repayment.

Learn more about interest rates:

brainly.com/question/14445709

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What can the government of a relatively poor country do to promote economic prosperity? check all that apply. encourage transmis

scoray [572]

The only answer that seems to make sense is to reduce tariffs on imports but this only makes sense if it doesn't adversely affect local producers ie that it is on items which are not locally produced so as not to compete with the former items but to encourage cheaper goods for sale to assist consumers.

4 0

2 years ago

Read 2 more answers

In the résumé above, what would cause appearance of the "00000000000"?

enot [183]

It could be that you type the numbers accidentally and that should have made the numbers appear. Well if you want to get rid of it you just need to remove that on the soft copy and then print the resume again. Doing so should have eliminate those 0`s printed on the resume.

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3 years ago

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Knowing yourself is the basis for all steps in career planning. is this statement true or false?

Fynjy0 [20]

Of course, the answer for this is <u>TRUE!</u> Career planning needs basis and the best basis you could have is knowing yourself.

How to know yourself as a basis for career planning? You must answer these questions about you:

- Who are you and what do you want to become?

- What are your skills and talents?

- What is your educational background?

- What are your dreams and ambitions?

Among the steps in career planning are:

1. Assessing your abilities, interests, values, and personality to learn more about yourself.

2. Knowing what you desire by determining where, how, and how much money you need to live and survive.

3. Making preparations for an interest-based career will help you get ready for a career.

4. Discovering job trends, transferrable skills, and professional growth will help you maintain your career.

Learn what mentors should teach a recent graduate about career planning if the recent graduate's mentor is explaining the importance of career planning: brainly.com/question/28275628

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3 0

1 year ago

You have just received notification that you have won the $3 million first prize in the Centennial Lottery. However, the prize w

Oksanka [162]

Answer:

Present Value= $1,772.115

Explanation:

Giving the following information:

You have won the $3 million first prize in the Centennial Lottery.

However, the prize will be awarded on your 100th birthday, 78 years from now. What is the present value of your windfall if the appropriate discount rate is 10 percent.

We need to use the following formula:

PV= FV/[(1+i)^n]

PV= present value

FV= final value

PV= 3000000/(1.10^78)= $1,772.115

7 0

3 years ago

Which is not true of birthday and/or annual review automatics?a. the purpose is to trigger a telephone call for a face-to-face m

Musya8 [376]

Answer: b. Quarterly automatic contacts decrease cross-sales and lead to reduced referrals

Explanation:

During the annual review of business considering automatics it is observed that there is always a decrease in cross sales and these leads to a reduce in referrals.

When these happens, clients who raise offer for referrals drop interest.

8 0

2 years ago