Answer:
The variable rate loan term best describes this loan.
Explanation:
In these type of loans variable interest rate is charged. A variable interest rate is a floating interest rate on a loan or security (bonds,debentures) that changes over time because it is based on an underlying benchmark interest rate or index that changes periodically. So the interest payment fluctuates with change in benchmark.
The advantage of a variable interest rate is that if the underlying interest rate or index falls down, the borrower’s interest payments also decrease. Accordingly, if the underlying index rises, interest payments increase.
Answer:
Amazon 65.35 Days Netflix 253.03 Days
Explanation:
Answer
scarce/limited in supply. Have money value. Have utility. Are unevenly distributed
Explanation:
one cannot have all economic resources they may want.
you can attach monetary value on them.
are useful and can satisfy a want.
some areas /country have more than others.
Answer: Option B
Explanation: In simple words, unified communication refers to a system which help to integrate several different mediums of communication within a business.
In the given case, Jennifer is giving her clients the choice of contacting her via various different mediums of conversation such as phone call or video conferencing.
Hence we can conclude that she is using unified communication.
Answer:
x=0.25
Explanation:
Assuming that consumers value every non-defective car at $10,000 each, only defective used cars are for sale. Therefore, consumers value defective cars at $2,000.
The expected value of a new car is given by the defective new car rate (x) multiplied the defective value, added to the non-defective car rate (1-x) multiplied by the non-defective car value.
The fraction x is 0.25. That is, 25% of new cars sold are defective.