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Step2247 [10]
4 years ago
6

Which would be considered closed-end credit situations? Check all that apply.

Business
2 answers:
sergij07 [2.7K]4 years ago
7 0
<span>Jason bought a used car and got a loan from his credit union
</span><span>The Overtons bought a new home and mortgaged it for 30 years.
</span><span>Tammy borrowed $40,000 in school loans to be paid back in 5 years.
</span>
anygoal [31]4 years ago
7 0

Answer:

1, 2 & 4.

Explanation:

Got it right on Edguentity :)

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Phyllis invested $10,000, a portion earning a simple interest rate of 8 1 2 % per year and the rest earning a rate of 8% per yea
Vinil7 [7]
0.08x+0.085 (10000-x)=842.50
Solve for x
X= 1500 invested at 8%

10000-1500=8,500 at 8.5%
3 0
3 years ago
Which of the following is considered important in a company's attempt to strengthen partner relationships? Group of answer choic
enot [183]

Answer:

All of the above are considered important in strengthening partner relationships

Explanation:

Partner relationship exists when two or more people come together to undertake a business venture. Profits and losses are between all partners.

Maintaining a good partner relationship ensures that the business performs and meets its goals.

A strategic path for objectives of the partners means the business does not only plan but executes its plans.

Shared vision and objectives ensures the partners work in harmony to achieve set targets.

The obejecives should be measureable, this sets realistic milestones.

Also shared vision and objectives should be formally agreed to by all parties.

8 0
3 years ago
A payday loan company charges 6.00 percent interest for a two-week period. What is the annual interest rate? (Do not round inter
Mashcka [7]

Answer:

The annual interest rate is 156  percent

Explanation:

If   6.00 percent interest for a two-week period then annual interest rate =

rate for a two-week period * (52 weeks/ 2 weeks)  = 0,06 * 26 = 1,56

1,56 * 100 =  156  percent for a year period

<u>Note</u>: One year have 52 weeks

8 0
4 years ago
Write 5 objective sentences that you think will help you get the job.
Anna35 [415]
I would be great for this job because, I work well with others and believe in making compromises and working together!

I'm very hands on with most things, I catch on quickly and am willing to do anything it takes to achieve the higher goal.

(Only two i can come up with.)
3 0
3 years ago
Which of these is a group of producers working together to raise prices and
kramer

Answer:

B. a cartel

Explanation:

A cartel is a group of independent producers who collude to promote and protect their trade interests. Large producers in the same industry form cartels to manipulate supply and fix prices. Through the cartel, the large producers set prices that guarantee maximum profits for their members. The cartel eliminates price competition among the major producers in the industry.

6 0
3 years ago
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