All categories

3 years ago

Bella has a credit score of 720. Based on the graph, which description most likely explains her score?

Business

2 answers:

Katena32 [7]3 years ago

7 0

Answer: The correct answer would be that she will be able to pay all her expenses easily because her credit score are 720 which is considered a good payment point.

Explanation: The correct answer would be that she will be able to pay all her expenses easily because her credit score is 720 which is considered a good payment point.

Explanation: Credit score is known as CIBIL. By this credit, score banks gauge the creditworthiness of a person. The data listed in our credit report CIBIL generate our credit score.

A person's credit history is submitted to CIBIL by banks and other financial institutions on a particular basis.

For example, if a person has a credit score of 600 then that person cannot be considered a good creditor. In this case, the bank doesn't lend him .

pshichka [43]3 years ago

4 0

Answer: The correct answer is that she pays her bills on time and does not have a lot of debt.

Explanation: A credit score of 720 is a good credit score, based on the graph. A good credit score means that you pay your bills on time and do not have too much debt.

You might be interested in

Althea, black, has been a deejay for a local Christian music station for several years. The station got a new general manager an

VladimirAG [237]

Answer and explanation:

Althea is covered by the Equal Employment Opportunity Commission (<em>EEOC</em>). The EEOC is an agency of the federal government of the United States that enforces federal laws regarding discrimination of <em>race, sex, age, religion, ethnicity, national origin or impairment</em>. Althea was fired with the excuse that it is not "appropriate" for an African American deejay to play music on a white Christian music station. This is reason enough to sue the radio station for discrimination.

8 0

3 years ago

What is the term for a division of stock that gives stockholders a greater number of shares but does not change each individual'

Nookie1986 [14]

Stock split or stock divide

5 0

3 years ago

A document which is an illegal copy of something. made for the purpose of deception, is known as

Harlamova29_29 [7]

A document which is an illegal copy of something. made for the purpose of deception, is known as counterfeit.

5 0

3 years ago

7. You have saved $4,000 for a down payment on a new car. The largest monthly payment you can affort is $350. The loan will have

nordsb [41]

Answer:

$13,290.89 and $15,734.26

Explanation:

In this question we have to use the Present value function which is shown on the attachment below:

In the first case

Provided that

Future value = $0

Rate of interest = 12% ÷ 12 months = 1%

NPER = 48 months

PMT = $350

The formula is shown below:

= PV(Rate;NPER;PMT;FV;type)

So, after solving this, the present value is $13,290.89

In the second case

Provided that

Future value = $0

Rate of interest = 12% ÷ 12 months = 1%

NPER = 60 months

PMT = $350

The formula is shown below:

= PV(Rate;NPER;PMT;FV;type)

So, after solving this, the present value is $15,734.26

8 0

3 years ago

The total factory overhead for Magnum Corporation is budgeted for the year at $500,000. This is divided into three activity pool

tatuchka [14]

Answer:

The ABC overhead for a Deluxe kayak will be $170.93

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

We are going to divide the overhead cost over the cost driver of each activity.

$\left[\begin{array}{cccc}-&Overhead&Total&Rate\\fabric&246,000&10,000&24.6\\assembly&144,000&32,000&4.5\\setup&110,000&15&7,333.33\\\end{array}\right]$

Now we apply the rate to Deluxe Kayak:

$\left[\begin{array}{cccc}-&Rate&Deluxe&Overhead\\fabric&24.6&10,000&246,000\\assembly&4.5&24,000&108,000\\setup&7,333.33&10&73,333.33\\Total&-&-&427,333.33\\\end{array}\right]$

Finally we divide the overhead for Deluxe between the units produced

427,333.33/ 2,500 = 170.933 = 170.93

3 0

3 years ago