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Vera_Pavlovna [14]
2 years ago
7

Andy has a credit rating of 800, and Mia has a credit rating of 585. They both apply for the same loan amount from Newton Bank.

The bank
approves Andy's loan at 6.5%, and Mia is charged 4 percentage points more because of her lower credit rating. What interest rate does Mia have
to pay?
Siku
O A
2.5%
B.
4.0%
O
C.
6.9%
OD. 10.5%
O
O E.
11.25%​
Business
2 answers:
Mkey [24]2 years ago
8 0

Answer:

D

Explanation:

4% more from 6.5 would be 10.5%

vodka [1.7K]2 years ago
4 0

Answer:

D) 10.5

Explanation:

4 points more means

6.5 + 4

= 10.5%

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Trade will take place: A. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer
Lubov Fominskaja [6]

Answer: (B.) <u><em>If the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

Explanation:

A producer will only sell goods and services if the consumer is willing to pay as much as the asking price. i.e. The price that the producer is asking. For this to happen the consumer's willingness to pay must be greater than the minimum price.

Therefore , the trade will take place if <u><em>the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

8 0
2 years ago
Suppose a stock had an initial price of $57 per share, paid a dividend of $1.1 per share during the year, and had an ending shar
kolbaska11 [484]

Answer:

12.46%

Explanation:

Data provided

Dividend income = $1.1

Ending share per price = $63

Initial price = $57

The computation of the percentage total return is shown below:-

Total return = (Dividend income + (Ending share per price - Initial price)) ÷ Initial price

= ($1.1 + ($63 - $57)) ÷ 57

= ($1.1 + $6) ÷ 57

= $7.1 ÷ 57

= 0.12456

or 12.46%

6 0
2 years ago
How many new blogs are being created daily? 120 1200 12000 120000
nikitadnepr [17]
Easily over <span>120000 , I do not think their are any statistic or too accurate sources to go by but it is a estimate.</span><span />
8 0
3 years ago
Read 2 more answers
Universal Travel Inc. borrowed $501,000 on November 1, 2021, and signed a 12-month note bearing interest at 7%. Interest is paya
Anon25 [30]

Answer:

Interest = $5,834.67

Explanation:

In November 1, the note bears 12 month = 7%

From November 1 to December 31 = 2 month

Hence for 2 month Interest = 2 * 7/12(%) = 1.1667%

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3 0
3 years ago
Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginnin
Veronika [31]

Answer:

Overhead rate= 34.24

Explanation:

Giving the following information:

Labor-hours for the upcoming year at 38,600.

The estimated variable manufacturing overhead was $5.90.

The estimated total fixed manufacturing overhead was $1,093,924.

Overhead rate= Estimated indirect cost/allocation measure

Overhead rate=[(38600*5.90+1093924)]/38600= 34.24

8 0
3 years ago
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