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tatiyna
2 years ago
14

Omar is having trouble paying his rent and making minimum payments on his student loan and credit cards. What should Omar consid

er doing to improve his situation?
Business
1 answer:
In-s [12.5K]2 years ago
7 0

Answer:

Omar should get budgeting advice from a consumer credit counselor

Explanation:

It is apparent from the question that Omar is having a financial problems as he is finding it difficult to meet up with his student loan and credit cards repayment plan.

It is advisable at this point that he should engage the service of a consumer credit counselor for budgeting advice to improve on his situation.

Consumer credit counselling service is a form of service that help to proffer solution to financial problems through financial education , budgeting assistance and debt management.

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Maksim231197 [3]

Answer:

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5 0
2 years ago
How long will it take to pay off a loan of ​$50,000 at an annual rate of 9 percent compounded monthly if you make monthly paymen
nalin [4]

Answer:

185.531532 months

15.5 years

Explanation:

We use the NPER formula in this question that is shown in the spreadsheet.

The NPER represents the time period.

Given that,  

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Rate of interest = 9% ÷ 12  months = 0.75%

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The formula is given below:

= NPER(Rate;PMT;-PV;FV;type)

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And, in year it would be 15.5 years after dividing by 12 months, the number of year comes

4 0
2 years ago
Your company’s human resource manager is away from the office serving in the National Guard, and you have four open positions to
Papessa [141]

Answer: An assessment center

Explanation:

The tests that should be chosen to determine how applicants handle complex situations that mimic events they would encounter on the job is the assessment center.

An assessment centre is used by different organizations so as to know how suitable candidates are for a particular position in the company.

The candidates perform different exercises, group work, interviews, presentation etc in order to make the employers know if they fit the role.

7 0
3 years ago
If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day
mart [117]

Answer:

False

Explanation:

If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day credit period tell us that the credit department is functioning efficiently and there are no past due accounts. This is a false statement.

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2 years ago
The great disparity in economic prosperity between north and south korea can best be explained by the​ _____________.
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Political and economic system differences
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3 years ago
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