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dimulka [17.4K]
3 years ago
12

What is the advantage of a variable-interest loan?

Business
1 answer:
Maksim231197 [3]3 years ago
5 0

Answer:

Borrower can capitalize on a reference rate decrease

Explanation:

Variable interest rate is the floating interest rate, which changes with change in the interest rate given by central bank. It is not fixed it can vary. It might be increased or decreased time to time.

As a borrower Increase in interest rate will result in loss because due to variable nature we need to pay more interest and decrease in interest rate will result in profit because due to variable nature we need to pay less interest

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Goldtone is a multinational communications and information technology corporation. Its principal products are mobile telephones
Maksim231197 [3]
The answer that fits the given blank above is the term CROWDSOURCING. When we say crowdsourcing, this is the process or the ability to obtain or gather information that would be later used for a certain project or task. This involves a large number of people and typically asking their preferences and opinions.
5 0
3 years ago
Suppose the U.S. government encouraged consumers to trade in their old automobiles for more​ efficient, new models by paying up
VARVARA [1.3K]

Answer:

B. people respond to economic incentives.

Explanation:

Economic incentive is material given by someone, that is capable of motivating the other person to behave or act in a certain way. If economic incentives come from a government, it can be in form of tax incentives, subsidies or any monetary gift in form of cash or near cash.

To the economist, human being being rational, will respond to economic incentives in various forms.

7 0
3 years ago
Closing entries are necessary for a. permanent accounts only.
soldi70 [24.7K]

Closing entries are necessary for temporary accounts only.

A closing entry involves shifting data from temporary accounts on the income statement to permanent accounts on the balance sheet. This closing entry is a journal entry which is made at the end of the accounting period.

The temporary accounts include expenses, revenue, dividends, and so these accounts are to be closed at the end of the accounting year. Thus, the purpose of closing entry is to reset the temporary account balances to zero on the general ledger.

Hence, temporary accounts are used to record accounting activity during a specific period of time.

To learn more about closing entries here:

brainly.com/question/28199222

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7 0
2 years ago
Jarrod receives a scholarship of $18,500 from Riggers University to be used to pursue a bachelor's degree. He spends $12,000 on
kodGreya [7K]

Answer:

Jarrod exclude from his gross income of $13,500

Explanation:

The following items which are excluded from the gross income are:

1. Tuition = $12,000

2. Books and supplies = $1,500

The total amount would be equal to

= $12,000 + $1,500

= $13,500

These items would be excluded because the deduction is allowed for these items. Whereas, the room and personal expenses are taxable. Hence, it would be included in the gross income

8 0
3 years ago
Organizational commitment is defined as​ ________. A. the​ employee's degree of disagreement or differential opinions about orga
Alika [10]

Answer:

C. the degree to which employees identify with the organization they work for and its goals

Explanation:

Organizational commitment -

It refers to the bond or the commitment , that the employees have with the organisation , is referred to as organizational commitment .

As the committed employees have a good bond with the company , and tries to work hard and efficiently with the company , in order to grow and be successful .

Hence , from the given question ,

The correct option is c.

3 0
4 years ago
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