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uysha [10]
1 year ago
5

An interest rate that reflects the return required by a lender and paid by a borrower, expressed as a percentage of the principa

l borrowed.
a. true
b. False
Business
1 answer:
fiasKO [112]1 year ago
6 0

An interest rate that reflects the return required by a lender and paid by a borrower expressed as a percentage of the principal borrowed is the Annual percentage rate.

Therefore, the statement given is True.

The annual percentage rate is the yearly cost of a loan to a borrower, including fees. The APR is a percentage that is expressed much like an interest rate. However, unlike an interest rate, it also includes other costs or fees such as mortgage insurance, the majority of closing costs, discount points, and loan origination fees. The cost of borrowing money annually, including fees, is stated as a percentage called the annual percentage rate. The APR is a more comprehensive indicator of how much borrowing money will cost you because it includes both interest rates and application costs.

The annual percentage rate (APR) represents the cost of borrowing money. Compared to the interest rate alone, it provides a more accurate picture of a loan's cost. It contains extra costs in addition to the interest rate and discount points. Although all expenditures aren't taken into account, lenders must use the same costs to determine the APR.

Learn to know more about the Annual percentage rate on

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While viewing businesses in terms of customer needs can suggest additional growth opportunities, a ________ definition tends to
Vladimir [108]

Answer:

B) target market

Explanation:

Target market -

It is the group of customers , who are specifically targeted by the company to sell the goods and services , is known as target market .

The company usually directs its attention towards these people , while producing the goods and services .

The target market depends on the income , lifestyle and location of the consumer .

Hence , from the question , the correct term for the given information is target market .

6 0
3 years ago
To encourage customers to open a mail offering them a subscription to home companion, a home furnishings magazine, the front of
Ad libitum [116K]
<span>To encourage customers to open a mail offering them a subscription to home companion, a home furnishings magazine, the front of the envelope suggested that there was a gift inside. The envelope contained an attractively laminated bookmark. This is an example of combining direct marketing with support media. 

Support media is media or items that is included to promote products or services. In this case, the laminated bookmark is an example of support media because it is being put in the envelopes to promote the product. They are grabbing their customers attention by "gifting" them with a promotional item. 
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4 0
3 years ago
Jason is developing a research design for a study of wine drinkers. The target population is widely dispersed. Jason needs to co
White raven [17]

Answer:

The type of data collection which is most appropriated here is A) communication.

Explanation:

For Jason to collect the data for his study on wine drinkers , he needs to communicate the people who have tasted the wine, he needs to listen to those peoples stories , their evaluation about the wine , do they like it or not . Jason needs to meet those people to understand their communication characteristics, it will be really important on the Jason's part to get an insight in to what these people think about wine and enact their realities.

6 0
3 years ago
Yasmin listed a house at a 6% commission rate, and it just sold for $463,500. Her brokerage and the buyer’s agent’s brokerage sp
AVprozaik [17]

Answer:

$8,343

Explanation:

Calculation to determine How much did Yasmin earn from this transaction

First step to calculate the Total commission from sale

Total commission from sale= ($463,500 × 0.06)

Total commission from sale=$27,810

Second step is to calculate Yasmin's firm's share

Yasmin's firm's share= ($27,810 ÷ 2)

Yasmin's firm's share=$13,905

Now let calculate How much did Yasmin earn from this transaction

Yasmin's Earning = ($13,905 × 0.60)

Yasmin's Earning=$8,343

Therefore the amount that Yasmin earn from this transaction is $8,343

6 0
3 years ago
An engineer bought a $1000 bond of an American airline for $875 just after an interest payment had been made. The bond paid a 6%
goldenfox [79]

Answer:

Number of coupon payments = 13.5*2= 27

Coupon = 6%*1000/2= 30

Let rate be r

Present value of all future payments = $87

875 = 30*(1-1/(1+r)^27)/r + 1000/(1+r)^27

R= 3.74%

Nominal rate = 3.74%*2 = 7.49%

8 0
3 years ago
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