1) A student loan is an example of an unsecured debt. A secured debt is when a person has something as collateral like their automobile.
2) Unsecured debts usually have higher interest rates when compared to something with a secured debt.
Answer:
Short term loan
Explanation:
Lemonade stand can be regarded as a small business, Hence, the loan that suit the business is " Short term loan".
Short term loan can be regarded as loan that can be obtained to give support to ones personal as well as business capital. It is designed for the needs of small business capital with less interest compare to long term loan. The period of payment is usually within a year. It is of low risk and good profit.
Answer:
Jeremy has to continue to save.
Explanation:
- Jeremy should keep saving his money.
- In case a situation arises, he needs to keep saving his resources and he needs the money for something else than he has got into trouble.
- Jeremy will adhere to his spending strategy to pay off his loan within 15 months.
- by follow these process he will continue his saving as well as repay the loan also .
Answer:
Correct option is B Yes and Yes
Yes - Compensating shall be reported, And Restricted shall also be reported.
Explanation:
Compensating balance is the minimum balance to be maintained in the company's bank account as this is used by bank for offsetting loan, and used by company to set up the loan amount.
Restricted balance is a choice made by the company to not use the funds and use it later for company's growth or future projected, but still since it cannot be used it shall also be reported accordingly.
Therefore the company has the need to report such restricted balance also and compensating balance has to be reported as well.
Therefore correct option is B
Yes - Compensating shall be reported, And Restricted shall also be reported.
<h2>Pre-Increment increments the value immediately, Post increment increments the value only after executing the entire line.</h2>
Explanation:
class PrePostIncOperator {
public static void main(String[] args){
int x=5;
System.out.println(x++);
System.out.println("\n"+ ++x);
}
}
Let us understand the program.
int x = 5 => Initializes the value of 5 to the variable x
System.out.println(x++); This is the post increment operator. The value of x gets incremented only after printing the value. That is first System.out.println(x) will be executed and then the increment operator takes place once it finds the ";" that is the end of the statement. The memory which holds the value of x is changed only after executing the statement.
System.out.println("\n"+ ++x);
Here the value gets incremented and immediately assigns to the memory.