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Oxana [17]
3 years ago
9

What is the use of collateral?

Business
1 answer:
bazaltina [42]3 years ago
5 0
It is used to secure a small business loan
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Question 1
Kitty [74]

Answer:

true

Explanation:

true<em> </em><em>yh </em><em>no </em><em>chang</em><em>e</em><em>s </em><em>true</em><em> </em><em>all </em><em>the</em><em> way</em>

5 0
3 years ago
Read 2 more answers
You wish to buy a cabin in 15 years. TODAY, the cabin costs $150,000. You believe the price of the cabin will inflate at 4% annu
vfiekz [6]

Answer:

I will need to invest 64,669.73 dollars now.

Explanation:

We will calcualte the future value of the cabin considering the inflation:

Principal \: (1+ inflation )^{time} = Amount

Principal 150,000.00

time  15 years

inflation 0.04000

150000 \: (1+ 0.04)^{15} = Amount

Amount 270,141.53

Then we calculate the present value of the lump sum at 15 years discounted at 10% which is the yield of the funds

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  270,141.53

time   15 years

rate  0.10

\frac{270141.53}{(1 + 0.1)^{15} } = PV  

PV   64,669.73

we would need to deposit 64,669.73 today to get enough cash to purchase the bcabin in 15 years.

5 0
3 years ago
Suppose that, in a competitive market without government regulations, the equilibrium price of donuts is $1.00 each. Indicate wh
vodomira [7]

Answer:

1. Price ceiling, Binding

2. Price ceiling, Binding

3. Price floor, binding

Explanation:

Price ceiling is a government or group control limit on how high a product, commodity or service can be charged.

Price floor is a government or group limit on how low a product, commodity or service can be charged.

Binding simply means you are legally bound to something while non-binding means you are not legally bound to it.

8 0
3 years ago
Benefits of delocalisation of firms​
inna [77]

Answer

It encourages the establishment of support business enterprises

Explanation:

This promotes national attachment and solidarity; and furthermore diminishes provincial urban relocation. Market for crude materials: localization makes showcase for privately delivered crude materials in this way making work and winning makers pay.  

When numerous organizations are situated in one locale, foundations, for example, banks, insurance agencies, and merchants are probably going to set up organizations in the region to offer administrations required  

Production of a pool of work: When ventures are moved in one zone, individuals will, in general, relocate to that district looking for business along these lines empowering the making of a pool of work power.

6 0
4 years ago
When you are communicating with someone from another culture you should _______.
s344n2d4d5 [400]

Answer:

maintain etiquette or speak slowly

6 0
3 years ago
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