All categories

2 years ago

Interest is:

2 answers:

4 0

Hey there,

The word (interest) is when you borrow money but there is a little more money you have to add because of the fact that you took there money. So it is basically a charge on your self because you borrowed, they also need to make profit.

Your correct answer would be a charge for the convenience of accessing money stored in your bank account.

anastassius [24]2 years ago

4 0

Answer:

The correct answer is: B

Explanation:

Interest is charged by a creditor or the party lending money to a debtor or the party receiving money for the use of assets, which can be cash, a car, a house and so on. The interest rate is the interest amount expressed as a percentage of the initial value of the asset that was borrowed. In practice, a creditor would charge a lower interest to a debtor who is considered to have a lower default risk and a higher interest to a debtor who is considered to have a higher default risk. Default risk: is the probability that a debtor would be unable to meet the payment obligations of their debt.

You might be interested in

Managing quality helps build successful strategies of A. differentiation, low cost and service. B. differentiation, time and r

Liono4ka [1.6K]

Managing quality helps build successful strategies of "differentiation, low cost and response".

Answer: Option C

Explanation:

The expression of supervising all operations and activities necessary to maintain the rate of competence required, thus understood as "Quality management". It involves defining a performance policy, establishing and enforcing quality scheduling and expectation, as well as quality control and enhancing quality.

In order to attract market, launch of unique product is necessary with pocket friendly price and good quality too. When quality is managed more according to the market need than the owners capability of finance, then only growth of firm is possible, thus quality of product should not be compromised.

5 0

2 years ago

Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Digby to pull the produc

anzhelika [568]

Answer:

The total capacity of the market in core products less the Digby's Deft is 10860 thousand units.

Explanation:

In order to completely answer the question, the complete question is found online. This question was missing some table attachments which are attached with it.

From the table, it is first noted that the core products are listed which are as below:

Axe
Bolt
Buzz
Deft
Dim

Now as mentioned in the question, deft is to be ignored so the remaining options are:

Axe
Bolt
Buzz
Dim

Now the capacities of these are included which are found from the table and are as follow:

Axe=2050

Bolt=1040

Buzz=1040

Dim=1300

So the total capacity of 1 shift is

Axe+Bolt+Buzz+Dim=2050+1040+1040+1300=5430 units

As there are two shifts running so the total capacity is 5430x2=10860

So the total capacity of market in core products less the Digby's Deft is 10860 thousand units.

3 0

2 years ago

A manager wants to determine the number of containers to use for incoming parts for a kanban system to be installed next month.

Shalnov [3]

Answer:

Explanation:

7 0

2 years ago

Steve borrowed $750 for a new dresser. He made 9 monthly payments to repay the loan. He paid $45 interest. What is his simple in

GuDViN [60]

Answer:

222

Explanation:

8 0

2 years ago

A _______ maintains and distributes to potential creditors information regarding the creditworthiness of potential debtors. mort

xz_007 [3.2K]

A Credit Bureau maintains and distributes to potential creditors information regarding the creditworthiness of potential debtors. mortgage broker, federal reserve bank, credit bureau, bureau of investigation.
C.B a company that collects information relating to the credit ratings of individuals and makes it available to credit card companies, financial institutions.

6 0

2 years ago