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3 years ago

The more time you take to repay the money you borrow, the more interest you will pay.

Business

1 answer:

JulijaS [17]3 years ago

7 0

This is true. They want their money back but they also want to make money so they do this. Hope this helps! ;)

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John’s Smoothie Stand at Utah’s Wasatch County’s Demolition Derby sells bananas. If John bought 53 lbs. of bananas at $.32 per p

ipn [44]

He should price them by taking 90 percent and dividing by .32

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3 years ago

What term is used to describe an account that a bond trustee manages for the sole purpose of redeeming bonds early?

sasho [114]

Answer:

Sinking fund

Explanation:

Sinking fund is a term used to describe an account that a bind trustee managed for the sole purpose of redeeming bonds early.

sinking fund: This can be seen as a type of fund that is created for the sole aim of repaying debt. It is created for the purpose of making debt easier to pay off.

The sinking fund account owner set aside a particular amount of money for a specific purpose.

Sinking funds is used to entice investors because in the case of default or bankruptcy, sinking fund will still allow investors to get their investment back. it is also a means used by corporations for bonds and deposits money to buy back issued bonds or parts of bonds before the maturity date arrives.

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3 years ago

Read 2 more answers

Despite ongoing debates about the appropriateness of macroeconomic policies, many macroeconomists have reached a modern consensu

ser-zykov [4K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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3 years ago

Which statement BEST explains this investment?

wlad13 [49]

Answer:

I think that the answer is B, The The general likelihood of business success is very high.

Explanation:

I got it right on edgenuity

4 0

3 years ago

Suppose Alphonso’s town raised the price of bus tickets to $1 per trip (while the price of burgers stayed at $2 and his budget r

solong [7]

Answer:

(attached graph)

The increase in the ticket price makes the budget line slope to decrease. There will be less ticket available for Alphonso.

The increase in the bus tickets makes the opportunity cost of the hamburger to decrease as now, consuming an hamburger will make Alphonso renounce to a lesser amount of bus tickets. As the the opportunity cost is the goods or services we don't consume in favor for those we do.

Explanation:

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3 years ago