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Hitman42 [59]
2 years ago
8

| 50 POINTS | How Is Open End Credit Different From Closed End Credit ? NO GOOGLE ANSWERS ! Provide Advantages And Disadvantages

!
Business
2 answers:
Gnom [1K]2 years ago
8 0
Closed end credit is a type of credit that has to be repaid to the person by a  specific timeframe. Types of closed end credits would be car loans or mortgage lending. 
Open end credit is loan that is pre approved between the person that is taking out the loan and the company that is giving the loan. Open end credit can also be used a numerous amount of times but up to a certain limit. This must be paid back previous to the payments that are coming due.
Evgen [1.6K]2 years ago
3 0
Hope I can help you out

With an open-end credit load, you may down pay your loan balance and reuse those funds in the future. All adjustable rate Reverse Mortgage loans that were currently offer are considered open-end credit. 
With closed- end credit load, you can pay down the load balance, but you cannot redraw those funds in the future, Today in a store, fixed rate load offerings are considered closed- end credit
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How old do you have to be to buy a lighter in texas
Maslowich

Answer:

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8 0
2 years ago
Police radar equipment is used to detect the speed of objects. In one trial, the radar equipment records a stationary tree as tr
Ganezh [65]

The measurement problems that exist in the radar equipment are accuracy , reliability

<u>Explanation:</u>

There are two different kinds of Radar that is being used such as rotating- antenna radar and  traffic radar. The type of radar that is being used by police contains a stationary single antenna. this will be pointing in one direction. The signal that is modulated will not be sent. There will not be any cathode ray screen for displaying the collected information.

As the antenna points only one direction it can measure only the speed of those object that is either moving towards or away from the radar. It cannot sense the kind of object that it is measuring and it could not also tell the direction in which the object is travelling. Hence, the reliability and the accuracy are the main measurement problems.

3 0
2 years ago
A random sample of 30 lunch orders at noodles and company showed a mean bill of $10.36 with a standard deviation of $5.31. find
Paladinen [302]

The formula for calculating the Confidence Interval is as follows:

Confidence Interval = x +- (z*s)/√N

Where:

x = mean = 10.36

z = taken from standard normal distribution table based on 95% confidence level = 1.96

s = standard deviation = 5.31

N = sample size = 30

Substituting know values on the equation:

Confidence Interval = 10.36 +- ( 1.96 * 5.31) / √30

Confidence Interval = 8.46 and 12.26

Hence the bill of lunch orders ranges from 8.46 to 12.26.

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4 0
3 years ago
Jennifer works as a clerk in a company. The essential function of her job is producing memoranda using word processing software.
patriot [66]

Answer:

Americans with the Disability Act of 1990.

Explanation:

Crippling Arthritis can get worse with the time.If the is left untreated then the disease always attack five joints at least.So according to the Americans with the disability act.This act protects individuals form discrimination having disability.So the employer has to provide accommodations to Jennifer.

5 0
3 years ago
According to the agency problem, _________ represent the principals of a corporation.
malfutka [58]
The right answer for the question that is being asked and shown above is that: "a. shareholders." According to the agency problem, shareholders represent the principals of a corporation. They have to represent the whole company as a whole.
5 0
2 years ago
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