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2 years ago

Tom has just signed for a loan that contains an acceleration clause. How does this clause affect the terms of the loan?

Mathematics

1 answer:

Delicious77 [7]2 years ago

7 0

Answer:

C.If Tom cannot pay the loan, the bank can demand that he pay the remaining balance of the loan in full.

Step-by-step explanation:

An acceleration clause is a contract provision that allows a lender to require a borrower to repay all of an outstanding loan if certain requirements are not met.

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Which of the following statements best describes the value of the expression 12x + 2 when x = 9?

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The answer is C.

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Which is better Financial manager or accountant?

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Financial manager sounds more professional.

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2 years ago

How do you solve thsi

VLD [36.1K]

You multiply the length of the model car by the meters from the actual car. It’s easier to convert one unit of measurement to match with the other. I found it easier to convert 18.2 cm to meters which is 0.182 m. Now we multiply 0.182m by 0.3m to get the length of the actual car.

The answer would be 0.0546m. Or if you prefer centimeters, then the answer would be 5.46 cm. Either way is fine.

Hope this helped, please let me know if I was correct. :D

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2 years ago

Suppose I am playing a sport that does not allow me to end a match in a tie (AKA I have to either win or lose). If my probabil

Leviafan [203]

Answer: The required probability is 0.3456.

Step-by-step explanation:

Since we have given that

Probability of winning at any given time = 0.6

Probability of losing at any given time = 1-0.6 = 0.4

Number of total matches = 5

Number of won matches = 3

So, using "Binomial distribution", we get that

$P(X=3)=^5C_3(0.6)^3(0.4)^2\\\\P(X=3)=0.3456$

Hence, the required probability is 0.3456.

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3 years ago