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Arte-miy333 [17]
2 years ago
9

Suppose you were planning to borrow money for a new house. what would you look for?

Social Studies
1 answer:
Stolb23 [73]2 years ago
5 0

If you were planning to borrow money for a new house. You would look for a bank with the lowest EAR (equivalent annual rate).

When we think about a loan one component got here in our thoughts price of interest is the principal factor because this is the fee of the loan if the price of interest is decreased then the cost of borrowed cash also decreases. Now in an interest charge, we appear sort of rate of interest APR and EAR. If APR is 10% however compound month-to-month for that reason it turns out to be 10. 47% annuals on another hand if EAR is 10% then we must choose 10% EAR.

The annual equivalent rate (AER) is the actual interest price an investment, mortgage, or financial savings account will yield after accounting for compounding. AER is also known as the effective annual interest price or the annual percentage yield (APY).

The annual percentage rate (APR) is the value you pay each yr to borrow cash, inclusive of fees, expressed as a percent. The APR is a broader measure of the cost to you of borrowing cash since it reflects not best the interest charge but also the prices that you need to pay to get the loan.

Learn more about the annual percentage rate here brainly.com/question/24715857

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The idea that african americans ought to accommodate segregation and focus their energy on education and economic advancement wa
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The answer is Booker T. Washington

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       Who was Booker T. Washington?

  • The last black American statesman to be born into slavery, Washington became the prominent advocate for former slaves and their descendants. Disenfranchisement and the Jim Crow laws, which were passed in the Southern states after Reconstruction in the late 19th and early 20th centuries, led to their newfound oppression in the South.
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  • In 1895, when lynching's in the South were at their highest, Washington made a speech known as the "Atlanta Compromise" that made him famous across the country. Instead of directly opposing Jim Crow segregation and black voters' disenfranchisement in the South, he advocated for black development through education and entrepreneurship.

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6 0
2 years ago
Why is socialization needed highlights its significance​
worty [1.4K]

Answer:

Explanation:

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snow_lady [41]

Answer:

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If our goal is to estimate the prevalence of a disease or exposure in a population, we are talking about descriptive research. Whenever we are trying to describe the characteristics of a population or a phenomenon (in this case the frequency of a disease and exposure to it) we are doing a descriptive study. The results of this type of studies are usually represented in descriptive statistics and percentages. For example, from this sort of survey we would find out the percentage of population that suffer this disease.

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How did conflict over land affect changes in settlement patterns in Georgia?
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this is part 1



Hope this helps

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