Answer: A. incorrect because part of each payment is to principal and to interest. Therefore, only a portion of the payment goes to interest, so the full amount should not be included when computing the rate of interest paid.
Explanation:
When paying back a loan, there are two components to the periodic interest payment. The first component is the interest payment. This is the payment to compensate the borrower for loaning out the money and is based on the interest rate and the principal left to be repaid.
The second component goes towards repaying the principal of the loan which in this case is $10,000. When computing the periodic interest rate therefore, the entire amount paid per period should not be used as it would inflate the interest rate.
Answer:
d. All of the above.
Explanation:
All the three actions are appropriate actions for when offering financial products to clients.
a) is appropriate because prior clients are likely to have most of the information in the company's records.
b) is appropriate because as you gain experience, you become more knowledgeabe and intuitive about which clients should be offered a determined product.
c) is appropriate because as a financial worker, it is your duty to decline requests for financial products from clients who do not meet the given criteria.
Answer:
Cooperation and trust
Explanation:
There are clear distinctions between groups and teams. A group is a set of people brought together by common interests and inevitable circumstances, while a team is a group of people working together to reach a common goal.
The responsibility in a team is evenly dispersed; although the work is not done individually, the team is acting as an individual. That means that <em>trust </em>has to be present among team members; we have to know we won't be let down by a team member, like we don't let down ourselves.
<em>Trust</em> is one of the most essential inputs for effective <em>cooperation</em>.
A team possessing such characteristics is highly <em>cohesive</em>.
A consumer's life style is identified partly by what that person considers important in her environment and what she thinks of herself and the world around her.
<h3>What is consumer life style?</h3>
This refers to characteristics consumer possess, which is a reflection of certain behaviour. The lifestyle patterns provide broader views about the consumers.
The components of consumer life style are :
- Activities
- Interests
- Opinions
Therefore, a consumer's life style is identified partly by what that person considers important in her environment and what she thinks of herself and the world around her.
Learn more about consumer life style here: brainly.com/question/24438632
Answer:
E.)Praise by supervisors for their honesty
Explanation:
