1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vladimir1956 [14]
3 years ago
7

harry decides to borrow some money from a bank? what type of assignment will harry probably use to secure the loan

Business
1 answer:
Nady [450]3 years ago
6 0

Answer:

A life insurance policy.

Explanation:

An assignment or collateral assignment is a type of guarantee for the lender. the most used is a life insurance policy that will cover the payments of the debt to the lender if Harry fails to pay.

You might be interested in
Knowledge Check 01 Zeta Corporation issues $100,000 of 8% bonds maturing in 10 years on January 1, Year 1, when the market rate
alexandr1967 [171]

Answer:

$106,595

Explanation:

Given:

Initial market rate = 9%

Dropped market interest rate, r = 7% per year

or

= 7% × [6 ÷ 12]

= 3.5% = 0.035

Remaining time, n = 9 years = 18 semi annual periods

Now,

Value of the bond at the retirement

= [ PVAF × Interest payment] + [ PVF × face value]

here,

Present value of annuity factor, PVAF = \frac{1 -(1+r) ^{-n}}{r}

or

PVAF = \frac{1 -(1+0.035) ^{-18}}{0.035}

or

PVAF = 13.189

And,

Interest payment = $100,000 × 8% × [6 ÷ 12 ]              [since, 8% bonds]

= $4000

Present value factor = \frac{1}{1.035^{18}}

= 0.538

par value = $100,000

= [13.189 × $40] + [0.538 × 100,000]

= 52,758.7316 + 53,836.114

= $106,595

Hence,

The correct answer is option $106,595

8 0
3 years ago
When communicating a complex idea, what is most important?
Oksi-84 [34.3K]
Both A and C are almost required to communicate a complex idea. A. pulls the person into actually listening and C makes your idea comprehensible. If I had to go with one or the other, I would emphasize A since it makes certain that the person pays attention. However, putting into consideration that your teacher would likely not want that answer, I would instead go with C.
6 0
3 years ago
Read 2 more answers
find the future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate
max2010maxim [7]

The future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate of 4%, compounded quarterly will be 907.2$

<h3>What is Compounding?</h3>

Compounding is the method through which interest is added to both the principle balance already in place and the interest that has already been paid. Thus, compounding can be thought of as interest on interest, with the result that returns on interest are magnified over time, or the so-called "magic of compounding." After a year, you would receive $10 in interest if you deposited $1,000 into an account with a 1% annual interest rate. Compound interest allowed you to earn 1 percent on $1,010 in Year Two, which amounted to $10.10 in interest payments for the year.

Hence, The future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate of 4%, compounded quarterly will be 907.2$

To learn more about compounding click,

brainly.com/question/24274034

#SPJ4

7 0
1 year ago
Lyn files a suit against karl. karl denies lyn charges and sets forth his own claim that lyn breached their contract and owes ka
Whitepunk [10]
Karl's claim is a counter claim against lyn
8 0
3 years ago
Which of the following measures the length of time it takes to acquire, sell and replace inventory?
Kobotan [32]

Answer:

b. number of days' sales in inventory

8 0
3 years ago
Read 2 more answers
Other questions:
  • A balance is _____.
    8·2 answers
  • A country has been in existence for only two years. In the first​ year, receipts were​ $1.0 million and outlays were​ $1.5 milli
    13·1 answer
  • Bonita Industries reported the following year-end information: beginning work in process inventory, $190000; cost of goods manuf
    10·1 answer
  • Add the following and reduce to lowest terms 3/9+3/9
    14·2 answers
  • Several years ago the jakob company sold a $1,000 par value bond that now has 20 years to maturity and a 7.00% annual coupon tha
    11·1 answer
  • Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her cond
    11·1 answer
  • Stickel Company has the following sales​ budget: Month Cash Sales Credit Sales September ​$100,000 ​$200,000 October ​125,000 ​1
    10·1 answer
  • The topic of email is written in _________________.
    11·2 answers
  • Imagine that you own a property that is exactly 2.2 acres large. You want to sell your property, but your realtor tells you that
    10·1 answer
  • Ballard Company uses the perpetual inventory system. The company purchased $10,000 of merchandise from Andes Company under the t
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!