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3 years ago

Which action is least important to maintaining a healthy credit score?

2 answers:

8 0

Paying all your bills on time

If you pay your bills on time consistently, your credit score will rise.

If you do not, your credit score will drop, and sooner or later they will not loan you anymore money

hope this helps

IgorLugansk [536]3 years ago

3 0

Answer:

The options for this question are the following:

I. Paying your phone bill late. II. Taking the bus to work. III. Maxing out several credit cards. IV. Using the internet to pay your bills.

The correct answer are I and III.

Explanation:

Taking into account the factors that influence your history, and how a healthy score can bring you benefits, it is time to start developing healthy habits of managing your income and how you handle your debts. Just as maintaining a healthy weight prevents illness, a healthy credit history avoids long-term financial problems. You know that to maintain a healthy weight you must eat healthy and exercise regularly. Healthy eating and exercise for a credit history translates to:

Analyze your income. How much do you earn per month in active and passive income? Does anyone help you with your expenses?
How much can you acquire from debt? Remember that the golden rule is that your debt does not exceed 30% of your monthly income. For example, if you earn $ 20,000 pesos per month, your debt should not be greater than $ 6,000 pesos per month, and this includes all types of credits you manage.
Make budgets for your normal expenses and debts. Based on your income, recurring expenses and debts, you can assign a budget to each thing.
Enjoy the fruits of your effort. As time goes by, you will see and receive the benefits of having a healthy credit score.

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The slope and position of the long-run aggregate supply curve

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<span>Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following? Check all that apply.

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When a customer does not pay an invoice by a certain date, that customer might have to pay an additional _____.

olga55 [171]

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Leonardo, who is married but files separately, earns $90,000 of taxable income. He also has $8,750 in city of Tulsa bonds. His w

UkoKoshka [18]

Answer: 17.56%

Explanation:

Given that,

Leonardo taxable income = $90,000

Tulsa bonds = $8,750

Theresa taxable income = $50,000

Computation of Leonardo's Tax:

According to the tax rate schedule,

Total Tax = Tax + 24% of taxable income over $82,500

= $14,089.50 + 24% × $7,500

= $14,089.50 + $1,800

= $15,889.5

Computation of Theresa's Tax:

According to the tax rate schedule,

Total Tax = Tax + 22% of taxable income over $38,700

= $4453.50 + 22% × $11,300

= $4453.50 + $2,486

= $6939.5

Total tax on Leonardo's income and Theresa's income:

= $15,889.5 + $6939.5

= $22,829

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What line on a production possibilities curve shows the amounts of goods produced?

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Ber [7]

The amount that Harry should pay for the investment is the present value of the net income discounted at the rate of return of 12% is equal to $270,000.

<h3>What do you mean by investment?</h3>

Investment refers to the dedication of an asset to acquire growth in value over a duration of time. In finance, the motive of making an investment is to generate a return from the invested asset.

As per the information,

The vacancy rate is given is 5%

The occupancy rate is 100 - 5= 95%

$\rm\,The\,Net \,Income = Occupancy \, Rate \times Income - Expenses\\\\ \rm\,The\,Net \,Income = (95\% \times 3,600 \times 12) - 8,640\\\\ \rm\,The\,Net \,Income = \$32400$

Now, if it is assumed that the income is earned forever, then the present value of the income will be

PV of net income = A/r

A- 32400 , r - 12%

$\rm\,PV = \dfrac{32400}{0.12}\\\\\\PV = \$270000$

Hence, The amount that Harry should pay for the investment is the present value of the net income discounted at the rate of return of 12% is equal to $270,000.

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2 years ago