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nevsk [136]
3 years ago
14

Samantha has a loan with an interest rate of 6.67 percent now, but the rate could increase 2 percent next year. What lending ter

m best describes this loan?
1)finance charges
2)fixed rate loan
3)APR
3)variable rate loan
Business
2 answers:
stiv31 [10]3 years ago
6 0

Answer: 3 Variable Rate Loan.

The variable rate loan best describes the loan agreement because the rate can vary and become a different percent over the course of the loan agreement. When you agree to loan terms with variable interest rates it is important to remember when they will change and check the interest rate amounts at any given time over the course of the loan, sometimes the loan terms jump drastically if not paid by the initial given rate.

dusya [7]3 years ago
6 0
Based on the given description above, the correct answer would be option 4. If Samantha has a loan with an interest rate of 6.67 percent now and it could increase at 2 percent next year, this lending term is called the variable rate loan. This kind of loan has an interest that varies<span> as market interest </span>rates<span> change. Hope this helps.</span>
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A game may not start or continue if either team has fewer than ____ players.
Leni [432]
The answer is 7 players.
If, the amount of red cards that received by either team make the total players of their team less than 7, the opposition team would automatically won the game (and the vicotry would be recorded as 3-0 victory for the team that still had more than 7 players)
3 0
3 years ago
Jared, the operations head at Cerise Confectionery, showed gratitude to his employees by hosting an employee appreciation day. I
Art [367]

Answer:

Leading is the correct answer.

Explanation:

Leading is a process of influencing, directing and guiding a people of an organization to show them a direction.

Leading is the function that is carried out in the management process to motivate the employees to reach the organizational objectives.

Thus leading create a positive attitude among the people working in the organization.

4 0
3 years ago
What is the Best loan option for your<br> lemonade Stand? Why?
Arte-miy333 [17]

Answer:

Short term loan

Explanation:

Lemonade stand can be regarded as a small business, Hence, the loan that suit the business is " Short term loan".

Short term loan can be regarded as loan that can be obtained to give support to ones personal as well as business capital. It is designed for the needs of small business capital with less interest compare to long term loan. The period of payment is usually within a year. It is of low risk and good profit.

4 0
2 years ago
Serene City enacts an ordinance that bans the use of "sound amplifying systems" on public streets. Tyler wants to campaign for a
svp [43]

Available options are:

a. ​constitutional under the First Amendment.

b. ​an unconstitutional restriction of speech.

c. ​necessary to protect national interests.

d. ​justified by the need to protect individual rights

Answer:

Option A. ​Constitutional under the First Amendment.

Explanation:

The First Amendment gives several rights to the people of United which includes the freedom of religion, speech, press and filing of the petition in the courts. The court will look into the case whether or not the speech which the Tyler wants to broadcast endangers the security of United States or that the action threatens the rights of the peope (Tyler's supporters broadcast message at mid night within the city).

3 0
3 years ago
On May 20, the board of directors for Auction declared a cash dividend of 50 cents per share payable to stockholders of record o
AleksandrR [38]

Answer:

May 20

No Entry

June 14

Dr. Dividends               $255,000

Cr. Dividend Payable  $255,000

July 14

Dr. Dividend Payable  $255,000

Cr. Cash                       $255,000

July 31

Dr. Retained Earnings $255,000

Cr. Dividend                 $255,000

Explanation:

Dividend = $0.5 x 510,000 = $255,000

May 20

Dividend is declared, No entry is required

June 14

Dividend to be recorded on this date. As  dividend is not paid yet so it will be recorded as payable and on the other hand dividend account is debited to make a contra capital account of dividend.

July 14

Dividend is paid as cash is paid so, it will be credited and the liability is reduced so, it will be debited.

July 31

At the end of the period we have to adjust the Dividend Contra capital account in retained earning to make the dividend account zero.

8 0
3 years ago
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