When you receive a loan, the money the lender gives you is called the LINE OF CREDIT. Answer B.
Answer:
The correct answer is letter "A": salaries.
Explanation:
Estimating project costs of businesses allows measuring the profits and costs the organization might have during operations. That budget must include direct costs such as <em>employees' salaries</em>, materials such as supplies and equipment, and indirect costs like administrative expenditures.
Answer:
D
Explanation:
Encoding the message
Encoding p is the act of converting the idea into words pictures or gestures that will convey meaning. It consists in changing the information into some form of logical and coded message.
The encoding process is all about the purpose of communication and the relation between the sender and the receiver. In a formal situation, encoding involves:
Making sure a language is selected, selecting a medium of communication; and selecting an appropriate communication form
Answer:
His loan payment each quarter is nearest to $4,705.10.
Explanation:
Using a Financial Calculator enter the following data and find PMT, the loan payment each quarter
Pv = $70,000
n = 4 × 5 = 20
r = 12%
P/yr = 4
Fv = $0
Pmt = ? - $4,705.10
Thus PMT, the loan payment each quarter will be $4,705.10.
Answer:
The correct answer is A. Mortgages are loans, whereas mortgage-backed securities are bond-like debt instruments.
Explanation:
The mortgage loan is the product that allows you to have the necessary amount to buy or rehabilitate a home or other property.
As we said, credit institutions require a guarantee before granting a loan. In the case of mortgages, the owner of the loan guarantees the property itself (mortgage), which will be passed to the financial institution in case of default. In addition to this mortgage guarantee you offer, as in a personal loan, your personal guarantee.
