1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Likurg_2 [28]
4 years ago
12

Your guide must explain any five of the following elements (in any order). • The difference between a secured and an unsecured l

oan • Collateral • Repayment schedules • Annual Percentage Rate (APR) • The fees you might pay when using credit • The impact of missing one or more payments • How a credit card works • How a personal loan works • How a mortgage works • How an auto loan works • How interest works • The difference between simple and compound interest rates • Your rights when using credit • Advice about how to decide between credit offers Remember: You are only choosing five of these topics to cover in your guide. You should not try to cover them all, since that will take much more time than the project is meant to take!
Social Studies
1 answer:
Korvikt [17]4 years ago
8 0

Answer:1)Collateral:This is an asset a lender or accepts from a borrower as a security for a loan, incase the borrower does not pay back the lender can take the collateral.

2)Repayment schedules:This is a document that contains the specific terms of a borrower's loan such as monthly payment,interest dates due dates e.t.c.

3)Annual percentage rate(APR):This is the interest rate for a whole year.It is an interest charged to borrower's and paid to investors.

4)Difference between secured loan and unsecured  loan:A secured loan is a  loan that is connected or protected with a piece of collateral while an unsecured loan is a loan that is not protected with any collateral.

5)Rights when using credit cards:The right to ask for a credit report,The right to have inaccurate information removed or corrected,The right to accurate billing statements,The right to advance notice for any changes.

Explanation:

You might be interested in
What is the meaning of regionalization?​
Fittoniya [83]

Answer:Regionalization is the tendency to form regions or the process of doing so.

Explanation:

3 0
3 years ago
Read 2 more answers
If you know what you want to study in college, it is important to make sure that college you choose has:
Dennis_Churaev [7]
The answer is A and B
3 0
4 years ago
Read 2 more answers
List one possible way that we can increase the amount of food that is available .​
Rashid [163]

Answer:

make more

Explanation:

6 0
2 years ago
Read 2 more answers
Automatic stabilizers are defined as A. policy that has no multiplier effects. B. actions taken by the President without Congres
dusya [7]

Answer:

C. policy that stabilizes without the need for action by the government.

Explanation:

Automatic stabilizers -

It is the structure and feature of the modern government budgets , specially the welfare spending and the income taxes .

It acts for the fluctuations in the real value of the GDP .

During the process of recession , the government budget increases , in order to keep the national income high .

In the period of budget deficit , the automatic stabilizers reduces the size of the fluctuations in the country's GDP .

7 0
3 years ago
Why was the reapportionment act of 1929 p<br> Passed
AfilCa [17]
Reapportionment Act of 1929 was passed in order to put in place a permanent method for dividing a constant 435 in the US house of representative in accordance with census. According to the constitutions, each state was supposed to have one representative in the house of representative. As the population of US increase, it becomes difficult how to choose members of house of representative, hence this law.
8 0
3 years ago
Read 2 more answers
Other questions:
  • To study how violent conflicts between groups could be averted one would most likely consult a
    11·1 answer
  • PLEASE HELP FAST! :) THANK YOU FOR YOUR TIME ;)
    7·2 answers
  • During the American Revolution, John Paul Jones was considered to be the
    9·2 answers
  • Which of the following may not be indicated by low long-term interest rates?
    12·2 answers
  • How were immigrants discriminated on Ellis Island?
    8·2 answers
  • What part of the body must Cupid's arrows hit to be effective?
    9·1 answer
  • When Ronaldo bought his new flat-screen television, he was surprised at the cost differences between some of the models. When he
    11·1 answer
  • PLEASE HELP ASAP!!
    14·1 answer
  • Which of the following is NOT a function of the family? A. Providing the basic economic needs of its members B. Acting as an age
    9·1 answer
  • Is it possible that perceptual information has to be conscious before a person will put that information to use?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!