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babunello [35]
1 year ago
11

Sylvester is taking out a loan and is confused by the jargon. Which of the following explanations might help him? a. TERM is the

length of the loan, and INTEREST RATE is how much total money he will pay b. PRINCIPAL is how much he owes per month, and TERM is how much he owes overall c. INTEREST RATE is how much the lender charges per year for the loan, and PRINCIPAL is the initial amount Sylvester borrows d. MONTHLY PAYMENT is how much interest costs him each month, and TERM is the name of his lender
Business
1 answer:
ryzh [129]1 year ago
5 0

Personal loans, home loans, student loans, auto loans, and other sorts of loans are among the most common.

What is a loan, in plain English?

A loan is a type of debt that a person or other entity incurs. The lender advances the borrower a certain amount of money, typically on behalf of a business, financial institution, or government. The borrower accepts a specific set of terms in return, which may include any financial costs, interest, a repayment schedule, and other requirements.

What are the different forms of loans?

An amount of money that a person or business borrows from a lender is known as a loan. It can be divided into three basic groups: conventional, open-end and closed-end loans, and unsecured and secured loans.

To learn more about loans from the given link.

brainly.com/question/26011426

#SPJ9

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Virtual organization

Explanation:

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In short, it is the permanent or temporary collection of the geographically dispersed groups, company, entire or individual units which ground on the electronic linking so that to complete the process of production.

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Jean Claude has just completed a new line of designer handbags. He wants the price to communicate to the customer that the handb
Leno4ka [110]

Answer:

The answer is B. Price Skimming

Explanation:

In marketing, price skimming is a situation in which a high price is initially charged for a product and lowers it later after achieving its aim.

This type of product can be a luxury good in which high price is deemed as of high quality. The main aim is to gather enough revenue from the premium buyers and lowers it later to attract other customers

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3 years ago
Dia is a computer engineer in a small company. She notices that the company does not have its own website and realizes that the
rodikova [14]

Answer:

The answer is incubation process of creativity

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This example shows an individual in the stage of the creative process called incubation. Because it is related to her intuition  and insights about what she knows and intents to her presentation.

8 0
3 years ago
the weighted moving average forecasting model uses a weighting scheme to modify the effects of individual data points. this is i
solniwko [45]

The weighted transferring common forecasting version makes use of a weighting scheme to alter the results of person facts points. that is its primary gain over the easy transferring common version. the weighted transferring common forecasting version makes use of a weighting scheme to alter the results of person facts points. that is its primary gain over the easy transferring common version is true.

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7 0
1 year ago
Melody and Todd are married and have employee wages of $250,000 each in 2019. They have no other income. How much additional 0.9
sasho [114]

Answer:

$1,350

Explanation:

The computation of the amount pay or received as a refund at the time of filing the income tax return for the year 2019 is shown below:

As we know that

The Medicare tax rate is 1.45% till $200,000

And, if it is above $200,000 than 2.35% is charged (1.45% + 0.9%)

Now

For individually calculated,

Melody = ($200,000 × 1.45%) + ($50,000 × 2.35%) = $4,075

Todd = ($200,000 × 1.45%) + ($50,000 × 2.35%) = $4,075

So, the total is

= $4,075 + $4,075

= $8,150

Now if they filling their joint return so

Total salary is $500,000   ($250,000 × 2)

Medicare upto $250,000 = $3,625 ($250,000 × 1.45%)

for remaining $250,000 = $5,875 ($250,000 × 2.35%)

So, the Total is

= $3,625 + $5,875

= $9,500

Now the refund is

= Joint return - individually return for each one

= $9,500 - $8,150

= $1,350

4 0
3 years ago
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