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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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A specialist in the HR department is invited to promote the cybersecurity program in community schools. Which three topics would
vitfil [10]

Answer:

The answer is below

Explanation:

In a given situation like the one presented in the question, it is believed and expected that three topics in which the Human Resources specialist in the area of the cybersecurity program, would emphasize in the presentation to draw students to this field are the following:

1. It has a high earning potential

2. it is a career field in high demand

3. It is a service to humanity

4 0
3 years ago
________ is a financial institution owned by investors that focuses on business customers, providing bank accounts along with sp
Virty [35]

Answer:

Commercial bank.

Explanation:

A commercial bank is a financial institution that provides financial services to the public such as offering loan services, accepting deposits, foreign exchange, providing bank accounts. They encourage savings and are good sources of finance to businesses and industry.

3 0
3 years ago
A local club is selling Christmas trees and deciding how many to stock for the month of December. If demand is normally distribu
Nastasia [14]

Answer:

0.6

Explanation:

Data provided :

Mean = 100

Standard deviation = 20

Salvage value of the tree = $ 0

Actual cost of the tree = $ 20

Selling cost of the trees = $ 50

Now, the cost of shortage = Selling cost - actual cost = $ 50 - $ 20 = $ 30

and the outrage cost = actual cost = $ 20

Now,

the service level is calculated as:

service level = \frac{\textup{cost of shortage}}{\textup{cost of outrage + cost of shortage}}

on substituting the value, we get

service level = \frac{\$\ 30}{\$\ 20\ +\ \$\ 30}

or

Service level = 0.6

6 0
3 years ago
The reduction of on the job injuries and illnesses would benefit employers, because they would
marusya05 [52]
B is the correct answer.
8 0
3 years ago
"Aerospace Dynamics will invest $196,000 in a project that will produce the following cash flows. The cost of capital is 10 perc
Likurg_2 [28]

Answer:

-$419.41

Explanation:

The computation is shown below:

Year Cash flows Discount factor Present value

0 -$196,000                 1                          -$196,000   (A)

1 $45,000               0.9090909091       $40,909.09

2 $60,000               0.826446281         $49,586.78

3 $54,000               0.7513148009          $40,571.00

4 -$51,000               0.6830134554        -$34,833.69

5 $160,000             0.6209213231          $99,347.41

Total present value                                      $195,580.59  (B)

Net present value                                       -$419.41   (A - B)

The discount factor is computed below:

= (1 + interest rate)^number of years

4 0
3 years ago
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