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Elenna [48]
3 years ago
6

Sam is comparing the costs of two loans. The principal amount of each loan is $5,000. One is due in one year and the other is du

e in four years. Both have the same stated rate of annual interest. Which of the following is true
Business
2 answers:
liraira [26]3 years ago
7 0

Answer:

the interest charges for the one-year loan will be lower than the interest charges for the four-year loan

Brilliant_brown [7]3 years ago
6 0

Answer:

The interest charges for the one-year loan will be lower than the interest charges for the four-year loan

Explanation:

Given two different with the same principal amount and the same interest rate, you will always pay less interests for the shorter loan. This is true for every loan simply because you are paying back the money in less time and interest is charged on the amount of time it takes you to pay the loan.

For example, I lend you $100 at 12%. Since it is a small amount of money, you will pay it back in 1 month and the total payment will be $101. But if you need more time you can pay me $1 in interest for the first month and $101 at the end of the second month. If you pay me back in two months, you will have paid $2 in interest vs. $1 if you had paid me back in just one month.  

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Answer:

True

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Hence, it can be concluded that the correct answer to this question is definitely TRUE.

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3 years ago
Imagine the local government banned students from purchasing items before or after school without a parent. If you wanted to cha
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The most appropriate option to counteract this action by citizens is Attend and participate in the next local Council meeting (option E)

<h3>What is a local council?</h3>

The local council is a local public administration body that has a mandate over a city. This estate can establish some special regulations for said territory and citizens must comply with them.

However, there are ways for citizens to influence political decisions and modify determinations according to their convenience.

One of the ways citizens have to influence political decisions is by participating in local councils.

Note: This question is incomplete because the options are missing. Here are the options:

A. Boycott the snack shop

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Learn more about local Council in: brainly.com/question/13750185

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A person's individual ethos truly reflects his/her business ethics too. Although general ethics in general is not influencing job performance (both in terms of effectiveness and efficiency) directly, bad ethics can sometimes be detrimental for someone's career. For example, if it is to be discovered that an employee has taken full credit for a colleague's achievement, his/her credibility will drastically fall and he/she will have less chance to get promoted.

On the other hand, if an individual possesses exceptionally good ethics or values (for example, being constantly sincere and not afraid to be direct with somebody even when it gets uncomfortable), it will certainly become noticed both by colleagues and managers. Thus, the employee with good ethics is very likely to get promoted.

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The smaller the reserve requirement, the larger the decrease will be in required reserves.

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When the Fed sells treasury bonds, money supply decreases. This is known as a contractionary monetary policy.

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