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babunello [35]
11 months 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]11 months 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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Paula tells her rental agent, Tom, not to violate the fair housing laws. Tom nevertheless wrongfully discriminates against a pro
Eduardwww [97]

Answer:

(C) both Paula and Tom are liable for Tom's act of discrimination.

Explanation:

As the principal or as the real estate broker, both are held equally liable for any kind of non compliance towards state tax, or federal tax or anything.

This is because both are liable, the broker because he was assigned that job and the principal because just transferring the job did not free the principal from his liabilities.

Accordingly, when the court will take decision it will make Paula and Tom both liable for any kind of false act.

6 0
3 years ago
Loger's, a high-end apparel company in Bruslon, an Asian country, cuts back on production as consumers start turning to basic pr
lara [203]

Answer:

Contraction

Explanation:

The business cycle refers to the fluctuations that happen in an economic activity over time. This cycle has 4 stages that are:

-Expansion is when the economy grows and employment is higher.

-Peak is a transition between expansion and contraction and it is a point in which the economy reaches its highest output.

-Contraction is a stage in which growth stops and unemploymetnt rises.

-Trough is a stage in which the economy gets to its lowest point before a rise.

According to this, the answer is that in the context of the business cycle, Bruslon is most likely going through a period of contraction because there is an economic downturn that forced Loger's to lay off many employees.

8 0
3 years ago
Chrissy receives 200 shares of chevron stock as a gift from her father. the stock cost her father $9,000 10 years ago and is wor
jekas [21]
I don’t know the answer
4 0
3 years ago
A plaintiff in a successful lawsuit was awarded a judgment of $4800 per month for 5 years. The plaintiff has the need of a fairl
tatiyna

Answer:

58.81% annual

or 3.93% monthly

Explanation:

Using a financial calculator, we can determine the internal rate of return of this investment. The initial outlay is -$110,000, and the 60 $4,800 cash flows follow. The IRR is 3.93 per month. In order to determine the effective annual rate, we can use the following formula:

effective annual rate = (1 + 3.93%)¹² - 1 = 58.81%

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3 years ago
What does it mean to be intelligent?
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Answer:

Intelligence has been defined in many ways: the capacity for logic, understanding, self-awareness, learning, emotional knowledge, reasoning, planning, creativity, critical thinking, and problem-solving.

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3 years ago
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