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Katarina [22]
4 years ago
10

The equal credit opportunity act (ecoa) makes it illegal for lenders to refuse credit to or otherwise discriminate against which

applicant?
Business
1 answer:
Debora [2.8K]4 years ago
8 0

The Equal Credit Opportunity Act (ECOA) makes it illegal for lenders to refuse credit to or otherwise discriminate against a single person who receives public assistance.

The Equal Credit Opportunity Act, which is under the Consumer Credit Protection Act, makes sure that no borrowers are discriminated by lenders. When an applicant submits a request to know the reasons why their credit was denied, the creditors must provide them with it as stated in the Act.

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How do make a good business?
-Dominant- [34]

Answer: 1st to make a good business you have to start off small. For starters start doing a Lemonade Stand. If people like your Lemonade i'm sure they'll promote you by telling there friends. Then your business will get bigger and bigger until you have like a whole company.

6 0
4 years ago
Read 2 more answers
Extra (unbudgeted) income left at the end of the month should be
Elina [12.6K]
Extra (unbudgeted) income left at the end of the month should be A) Saved for emergencies. Saving your extra money that you have not spent should be placed in a savings account and can help you later on in the future and provide for emergency funds if needed.

The answer is: A
5 0
3 years ago
Union Local School District has bonds outstanding with a coupon rate of 4.9 percent paid semiannually and 20 years to maturity.
RUDIKE [14]

Answer:

Ans. Price of the bond is $9,250.57

Explanation:

Hi, first we need to establish the semi-annual coupon of the bond and the semi-annual discount rate (YTM semi-annually)

Coupon=10000*(4.9%/2)= $245

To turn the annaul YTM to semi-annual, we have to use the following equation

YTM(semi-annual)=(1+YTM)^{\frac{1}{2} } -1

YTM(semi-annual)=(1+0.056)^{\frac{1}{2} } -1=0.0276

After all this, we are ready to find the price, here is the math of this.

Price=\frac{245((1+0.0276)^{39}-1) }{0.0276(1+0.0276)^{39} } +\frac{(245+10000)}{(1+0.0276)^{40} } =9250.57

Best of luck.

4 0
4 years ago
By definition, a ________ requires a large amount of learning on the part of users and typically creates new markets and consump
CaHeK987 [17]

Answer:

discontinuous innovation

Explanation:

The discontinuous innovations bring totally new to the world products that are so different from products that already exist that they reshape consumers habits and therefore markets. For example, the personal computer changed the way we live and work.

7 0
3 years ago
Suppose that the price of a good decreased. The substitution effect shows the change in consumption for all goods in reaction to
Lapatulllka [165]

Answer:

The correct answer is "relative prices; utility". A further explanation is provided below.

Explanation:

  • The conditions of a connection or bond between variables customer demand or perhaps the proportion of such a given cost of production to the normal distribution of so many other products available throughout the marketplace.
  • Individual's pleasure is usually measured by the consumption of that same goods and services.

Thus the above is the correct answer.

4 0
3 years ago
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