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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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arsen [322]

Answer:

Greater than

Explanation:

Answer 1:

If the index number used to calculate prices is positive, then it shows that price level in country B is greater than the price level in Country A which is used as the base year. Thus, the blank can be filled by Greater than.

 

PPP adjusted GDP in this case in country B will be less than its nominal GDP as price level is higher.

8 0
3 years ago
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Suppose that Marie is buying bananas. She decides that she would like to purchase three bananas at the price of $0.25 per banana
navik [9.2K]

Answer:

Marginal thinking

Explanation:

The economic foundation of marginal thinking requires decision-makers to evaluate whether the benefit of one more unit of something is greater than its cost. And according to this principle, Marie´s benefits of the first three bananas is higher than its cost, but the fourth banana will provide less benefit than the third and this is less than it cost.

7 0
3 years ago
Shelby purchased 100 shares of ABCD Growth fund for $10.00 per share. She had income dividends of $15, capital gain distribution
a_sh-v [17]

Answer:

Percentage of total return on Investment = <em>ROI = 17%  </em>

Explanation:

Let’s

ROI = Return on Investment = ?

D = Dividends = $15

CGD = Capital Gain Distributions = $35

CGS = Capital Gain on Sale = $120

SP = Shares Purchased = 100

CS = Cost per share = $10.00

ROI = (D + CGD + CGS) / (SP * CS)

ROI = ($15 + $35 + $120) / (100 * $10.00)

ROI = 170 / 1,000

ROI = 0.17  

Percentage: 0.170 x 100%

<em>ROI = 17%  </em>

8 0
3 years ago
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The economic situation of Rutenia is characterized by the following facts: GDP. Strong economic growth, of about 4%. Unemploymen
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See below

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Although a great GDP of 4% gives the impression of a strong economy, as is the case here, the inflation rate is much higher than desired. So, economic policies need to be reviewed in order to determine where the problem lies and what steps can be taken to remedy this situation.

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3 years ago
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Thepotemich [5.8K]

Answer:

The correct answer is C

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Marketing is the one which is concerned with the management as well as the study of exchange relationship. It is the process of business of establishing the relationship with the customers through exchange the value.

As it is used to attract the customers, the primary components of business commerce and management.

So, marketing is the process of managerial and social through which the groups and the individuals obtain what they want and need by exchanging and creating products and value with others.

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3 years ago
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