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3 years ago

Your credit at a bank is based on your ability to pay back a loan.

2 answers:

7 0

The answer is True. Your credit at a bank is based on your ability to pay back a loan. You should also have a collateral. Your collateral shows your assets in terms of land, building and etc.

larisa [96]3 years ago

7 0

It's true but it's also determined by whether you pay your bills on time

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Someone who does not have an aptitude or ability in a career area is at disadvantage if they select a career in that

REY [17]

Someone who does not have an aptitude or ability in a career area is at a disadvantage if they select a career in that field. ... When working on developing an ability, it is important to get feedback to know how you are doing. True. Jobs that require you to use your aptitudes are typically unrewarding

8 0

3 years ago

Read 2 more answers

The winner of the first annual Tom Morris Golf Invitational won $105 in the competition which was held in 1899. In 2015, the win

antoniya [11.8K]

$25968406.94.

a. Computation of Effective Interest Rate

Future Value = Present Value * (1 + r)^n

Future Value = $1460000

Present Value = $105

n = Number of Years = 116 Years

Future Value = Present Value * (1 + r)^n

1460000 = 105 * (1 + r)^116

13904.76 = (1 + r)^116

1.0857 = 1 + r

Effective Interest Rate = 8.57%

b.Future Value in the year 2050

Future Value = Present Value * (1 + r)^n

Present Value = $1460000

n = Number of Years = 35 Years

Future Value = Present Value * (1 + r)^n

Future Value = 1460000 * (1 + 0.0857)^35

Future Value = 1460000 * 17.7866

Future Value in the year 2050= $25968406.94.

Learn more about interest rates at

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5 0

2 years ago

Plowin' Supply plans to make 22 comma 000 tractors at its plant. Fixed costs are $ 550 comma 000 and variable costs are $ 180 pe

xz_007 [3.2K]

Answer:

$43

Explanation:

The total cost incurred by the company is made of two classes of cost namely; Fixed and variable cost. While the fixed cost is constant, the variable cost is dependent on the number of tractors produced.

A such,

Fixed cost = $550,000

Variable cost = 22000 × $180 = $396,000

Total cost = $550,000 + $396,000

= $946,000

The average cost per tractor is the result of the ratio of the total cost to the number of tractors

average cost per tractor = $946,000/22,000

= $43

5 0

3 years ago

Barry is a farmer who sells his farm produce to top who is the broker for the agriculture industry burying time often agree on a

fredd [130]

I am guessing it could be secondary market.

5 0

3 years ago

At December 1, 2017, Tamarisk, Inc. Accounts Receivable balance was $17470. During December, Tamarisk had credit sales of $46800

tatiyna

Answer:

$26,830

Explanation:

Given that

Accounts Receivable balance = $17,470

Credit sales = $46,800

Collected accounts receivable = $37,440

The computation of Accounts Receivable balance is given below:-

= Accounts Receivable balance + Credit sales - Collected accounts receivable

= $17,470 + $46,800 - $37,440

= $64,270 - $37,440

= $26,830

7 0

3 years ago