Answer:
b. the fair credit reporting act
Explanation:
The "Fair Credit Reporting Act" (FCRA) is a law that was passed in<em> 1970</em> in order to control the aspect of collecting credit information of the borrower. This includes the<em> access to their credit history</em>. This act protects the borrower when it comes to the <em>privacy of his personal information.</em>
So, this act makes sure that <em>the consent of the borrower is needed </em>before one can access or check his credit history.
So, this explains the answer.
Answer:
Unter Corporation
1. The payback period of the investment is:
= 5 years.
2. No. The payback period would not be affected if the cash inflow in the last year were several times as large. The payback period was reached in the 5th year, which is half-way before the last year. As it stands, no cash inflows after the 5th year will have any impact on the payback period.
Explanation:
a) Data and Calculations:
Cash flows:
Year Investment Cash Inflow Cumulative inflow
1 $ 42,000 $ 3,000 $3,000
2 5,000 $ 6,000 9,000
3 $ 12,000 21,000
4 $ 14,000 35,000
5 $ 16,000 51,000
6 $ 15,000
7 $ 13,000
8 $ 11,000
9 $ 10,000
10 $ 10,000
Total $47,000 $110,000
The concern in this item is for Maria to increase the size of her sample enough for her to make a conclusion out of those who have been interviewed. In order to do so, instead of doing the interview all alone, it would have been better for Maria to hire people to do the interview in parallel. She may work out the number of the people needed to become interviewers. Also, instead of doing the interview, she may opt to do it in a written form to allow the interviewee to just jot down the answers. She should however, make the question simple and much easier to understand.
Answer:
= - $3068 per year
Explanation:
The AW of 5 cm insulation is
AW 5 cm (15%) = -40000(A/P, 15%, 6) +7500
=-40000(0.2642) +7500
= - $3068 per year