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3 years ago

The rate of interest banks charge on short-term loans to their best customers is the _____.

1 answer:

7 0

The rate of interest banks charge on short-term loans to their best customers is called the prime rate. This is given to customers who have good credit record. It serves as the basis of the lending rates that will be given to other customers. Usually, prime rates are feasible to large corporations and not with sole borrower.

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Which principle refers to “a measurable objective outlined by the leaders or founders of the organization”?

Ksenya-84 [330]

The answer is D..... hope this helps

3 0

3 years ago

Your company has recently requested that you travel to Dhaka, Bangladesh, to work on negotiations for a new factory to be locate

lesantik [10]

Answer:

quality when quality cannot be easily judged

Explanation:

Based on the information provided in this scenario it seems that the Sheraton brand-name is likely to be used as a signal of quality when quality cannot be easily judged. Meaning that the company included the Sheraton hotel along with the list of other hotels because they do not know the quality of that specific hotel in that specific location, even though "Sheraton" is known worldwide as a luxury hotel business.

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3 years ago

Matrix, a high-end manufacturer of men's cologne, charges high prices for its cologne because customers associate high prices wi

galben [10]

Answer:

symbolic/prestige pricing

Explanation:

Symbolic/prestige pricing occurs when consumers associate with goods based on how costly it is. If the princes of the goods are low it doesn't encourage buyers to make purchases as they seem to associate high prices with top quality.

This is why matrix charges high for its cologne. Therefore Symbolic/prestige pricing is the answer to the question.

8 0

4 years ago

An implied warranty of _________________ is an inherent promise that the product sold conforms to ordinary standards and that it

Anton [14]

Answer:

The correct answer is letter "D": Merchantability.

Explanation:

An Implied Warranty is a type of grant provided by warranties stating the purpose of a product is fit to the purpose it was made for. This warranty can be provided written or verbally. The implied warranty of merchantability specifies that goods purchased must meet a standard of quality, value, and grade compared to other goods sold under the same circumstances.

The warranty of merchantability is supported by the Uniform Commercial Code (UCC) which is adopted by most states in the U.S.

8 0

4 years ago

Planters Bank pays 5 percent simple interest on its savings account balances, whereas Centura Bank pays 5 percent compounded ann

Semmy [17]

Answer:

$7,839.57

Explanation:

Given:

Amount deposited = $12,000

Time = 20 years

Interest paid by Planters Bank = 5%

Now,

Simple interest is given as:

Interest = Principle × Rate × Time

Interest = $12,000 × 0.05 × 20

interest = $12,000

therefore

the total amount at the end of 20 years = $12,000 + $12,000 = $24,000

now for the Centura Bank

Interest rate = 5% compounded annually

The compound interest is given as:

Final amount = Principle × ( 1 + rate )ⁿ

here, n is the time period

therefore,

Final amount = $12,000 × ( 1 + 0.05 )²⁰

Final amount = $31,839.57

The difference in amount = $31,839.57 - $24,000 = $7,839.57

7 0

3 years ago