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Oliga [24]
3 years ago
5

I just turned 18, an I want to apply for a car loan. But as we all know, I don't have credit. I was think of having my mom co si

gn an all that but she doesn't have the best credit, does anyone know exactly how that would work? Would they also require you to put money down?
Business
2 answers:
VMariaS [17]3 years ago
8 0
Yes, most of the time, the loaners (i.e banks) would look at your credit history to see if you pay all your loans on time and in the full amount. Most of the time, they wouldn't give loans to people that have poor credit or no credit, because they either know you will have a hard time paying back, or they don't know if you are able to pay back or not. Many car dealers would want you to place an out-of-pocket on-the-spot payment, and you can pay the rest monthly for the next couple of years. So it would be best to first get a good history of credit card (literally get a credit card and pay your payments on time) and then try to op for a used car. When both your credit history and driving history is good, then you can try to apply for a car loan (and most likely they would give it to you) hope this helps
finlep [7]3 years ago
4 0
Chek on creditcarma its really easy and you can show the people at the car dealership the credit on your phone and yes they would need money down also im not an add

hope this helps
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Question 13 of 20
Ganezh [65]

Answer:

introduction stage

Explanation:

it's making me have 20 characters so it's just introduction stage to introduce a new product

5 0
3 years ago
Match the cost variance component to its definition.
vladimir1956 [14]

Answer:

1. C

2. A

3. B

4. D

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

The various types of cost variance components and their definition includes the following;

1. Actual price: the amount paid to acquire input.

2. Actual quantity: the input used to manufacture the quantity of output.

3. Standard quantity: the expected input for the quantity of output.

4. Standard price: the expected price.

4 0
3 years ago
Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $3,000 in the bank and leave it there: (Do not ro
____ [38]

Answer:

Interest= $90

Explanation:

Giving the following information:

Initial investment= $3,000

i= 3%

Number of periods= 1

<u>First, we need to calculate the future value, using the following formula:</u>

FV= PV*(1+i)^n

FV= 3,000*1.03= $3,090

<u>Now, the interest earned:</u>

Interest= 3,090 - 3,000

Interest= $90

8 0
3 years ago
1.Explain mountain tourism?<br>2.Explain inland tourism?​
gulaghasi [49]
1. Mountain Tourism is a type of "tourism activity which takes place in a defined and limited geographical space such as hills or mountains with distinctive characteristics and attributes that are inherent to a specific landscape, topography, climate, biodiversity (flora and fauna) and local community.


2.
Inland trips means trips to the part of the country away from the coast, without specifying who is taking those trips. Such trips may let the world know about your country, or they may not.

Foreign trips. on the other hand, is fatally ambiguous. It can mean, and has been taken by others here to mean, trips by foreigners to your country, which would be what is asked for. But technically, a foreign trip is just a trip to a foreign country and the trip-takers should be presumed to be your fellow-countrymen; if they travel abroad, that would give them information about the world, not the other way about.

So the choice is between a bad answer and a very bad answer. I would say inland is less bad, but if the examiner thinks one choice is correct, you need to know how he thinks, not how the English language works.


I hope some of that may help I found it off the web.. sorry if it dosent
7 0
3 years ago
A different ethanol processing facility costs $800,000 to construct but will instead last forever.Every year (starting the year
iragen [17]

Answer:

r = 5%

Explanation:

Construction cost 800.000

# of barrels produced 10.000

Price per barrel $4

let the interest rate = r

Equate the net present value = 0

800000 = 10000 x 4/(1 + r) + 40000/(1 + r)2 + .......

800000 = 10000 x 4/r

r = 5%

8 0
3 years ago
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