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
Andreas93 [3]
3 years ago
13

Sometimes the pilgrims had to pay interest as high as 45% on money they borrowed for their colony. Why did lenders charge them s

o much for their borrowing
Business
1 answer:
White raven [17]3 years ago
3 0
First off, the lenders were simply in a position to do so. Secondly, there was an incredible amount of risk involved in loans to pilgrims. Early settlers had numerous obstacles to overcome, such as harsh winters, poor crop yields and the voyage alone to the new world was extremely risky. Dead people cannot pay debts, but those who lived on could. The high risk resulted in high interest rates.
You might be interested in
Mary spends $5 on food for her cat. This is an example of a: a. household buying goods and services in the factor market. b. hou
german

Answer:

household buying goods and services in the product market

Explanation:

The product market is where final goods and services are sold to households and firms.

The factor market is where factors of production are exchanged.

Mary is buying food for her cat. There are no indications that Mary is a business and that the food is a factor of production. Therefore, Mary is an household and she's purchasing from the product market.

I hope my answer helps you

8 0
3 years ago
Bramble sells softball equipment. On November 14, they shipped $4300 worth of softball uniforms to Novak Middle School, terms 3/
Dafna1 [17]

Answer:

$3,850

Explanation:

Calculation to determine What amount will be recognized as accounts receivable, net on the balance sheet as of November 30

Using this formula

Accounts receivable=Goods shipped -Defective merchandise return

Let Plug in the formula

Accounts receivable=$4,300-$450

Accounts receivable=$3,850

Therefore What amount will be recognized as accounts receivable, net on the balance sheet as of November 30 is $3,850

5 0
3 years ago
Andrew initially worked with a travel website for few months and then became self-employed by starting a martial arts school, wh
Romashka [77]

Answer:

A. Volatility

Explanation:

Volatility refers to high level of fluctuations with little or no consistency. It also refers to the variation in an activity with no constancy.

In the given case, Andrew keeps on swapping jobs within a short duration of time, and in varied fields of little similarity. This conveys a high degree of volatility in Andrew's work habits since he is unable to stick to one job or a field of job.

The changes in his employment structure reveal a pattern of high level of deviations, fluctuations referred to as Volatility.

5 0
3 years ago
Gantt charts are effective for project scheduling if:
pochemuha

Answer: c. The project contains simple activity sequences

Explanation:

Gantt chart is a firm of bar chart that depicts a project schedule as it helps in the scheduling of a particular project.

Gantt chart is a graphical tool that helps in showing the activities that are performed against time to the project team or project manager. Gantt charts are effective for project scheduling if such project contains simple activity sequences.

4 0
3 years ago
(6 points) Life rating in Greece. Greece faced a severe economic crisis since the end of 2009. Suppose a Gallup poll surveyed 1,
miv72 [106K]

Answer:

1. B. The actual proportion of Greeks who believe they are suffering.

2. This is the proportion of Greeks in the sample considered, i.e p = 0.25

3. n = 250 phat - 25% — 0.25 z score - 5%/2 —  2.5 on each end — z = 1.9 se - use formula - .0470.25 +/- 1.9 x .027+: .3675 -: .1325.

4. A. wider

5. B. narrower

Explanation:

In this question, it is essential to estimate the actual population of Greeks that believe they are extremely poor and also suffering. This will be used for proper sampling. Furthermore, in the sample considered, it was discovered that the parameter point estimate is approximately 25% and a change in the sample size or confidence level will alter the interval.

3 0
3 years ago
Other questions:
  • If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the
    8·1 answer
  • Garda purchased $530,000 of merchandise in August and expects to purchase $670,000 in September. Merchandise purchases are paid
    5·1 answer
  • Forms used by the medical practice should be updated __________ and the codes verified with the current year's diagnostic and pr
    13·1 answer
  • Effective corporate governance is essential in large corporations because corporate ownership (by shareholders) is separated fro
    11·2 answers
  • Recent U.S. Supreme Court decisions solidified the idea that the ADEA is designed specifically to protect older workers from dis
    12·1 answer
  • Goodell Corporation just paid its annual dividend of $1.75, today. Dividends for the Goodell Corporation are expected to increas
    15·1 answer
  • How can capitalism be best described in the United States today?
    8·1 answer
  • What's the meaning of the symbol S3?
    12·1 answer
  • What is cooperative skill​
    11·1 answer
  • Highlight clues that reveal the point of view of the narrative.
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!