1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Liono4ka [1.6K]
3 years ago
6

A loan is a sum of money that is borrowed from a financial institution and then paid back in______

Business
2 answers:
julia-pushkina [17]3 years ago
8 0
Interest is the answer
ollegr [7]3 years ago
5 0

Loans are sums of money that are expected to be paid back with interest or in full

You might be interested in
Foreign investors assess not only the interest rate offered on financial securities but also (check all that apply):
Greeley [361]

Answer:

their total wealth

-their future expenditure needs

-the risk on the security

Explanation:

Financial System

This simply are markets and various financial units or intermediaries that help transfer financial assets, real assets, and financial risks in various forms from one person to another, from one place to another, and from one point to another

3 Main functions of the Financial System

1.) The achievement of the purposes for which people use the financial system

2.) The discovery of the rates of return that equate aggregate savings with aggregate borrowings

3.) The allocation of capital to the best uses

An investment

This is simply defined as the current commitment of current resources in the hope of getting greater resources in the future. It reduces current consumption in hopes of greater future consumptions. When making investment, different actions are considered before decision making.

7 0
3 years ago
Youngston Company (a Massachusetts employer) wants to give a holiday bonus check of $750 to each employee. Since it wants the ch
stepan [7]

Answer:

Gross bonus=$1,148.54

FIT=252.68

OASDI=71.21

HI =16.65

MASS. TAX=58.00

Explanation:

Calculation for the withholding taxes and the gross amount of the bonus

Calculation for gross amount of the bonus

Gross amount of the bonus= [$750/ (1- 0.22 - 0.062 - 0.0145 - 0.0505] - 0.01

Gross amount of the bonus= [$750/ (0.78 - 0.062 - 0.0145 - 0.0505] - 0.01

Gross amount of the bonus= [$750/ 0.653] - 0.01

Gross amount of the bonus=1,148.545-0.01

Gross amount of the bonus=$ 1,148.54

Therefore the Gross amount of the bonus will be $ 1,148.54

Calculation for the withholding taxes

FIT =1148.54 * 22%

FIT=252.68

OASDI= 1148.54 * 6.2%

OASDI=71.21

HI=1148.54 * 1.45%

HI =16.65

MASS. TAX =1148.54 * 5.05%

MASS. TAX =58.00

NET 750.00

[$1,148.54-(252.68+71.21+16.65+58.00)]

Therefore the withholding taxes are:

FIT=252.68

OASDI=71.21

HI =16.65

MASS. TAX = =58.00

7 0
3 years ago
If the net present value of the payments at the time of the leases was 88% of the actual market price and the useful life of the
Aliun [14]

Answer:

A. True

Explanation:

Examples of situations that individually or in combination would normally lead to a lease being  classified as a finance lease are:

(a) the lease transfers ownership of the underlying asset to the lessee by the end of the lease  term;

(b) the lessee has the option to purchase the underlying asset at a price that is expected to be  sufficiently lower than the fair value at the date the option becomes exercisable for it to be  reasonably certain, at the inception date, that the option will be exercised;

(c) the lease term is for the major part of the economic life of the underlying asset even if title is  not transferred;

(d) at the inception date, the present value of the lease payments amounts to at least substantially  all of the fair value of the underlying asset; and

(e) the underlying asset is of such a specialised nature that only the lessee can use it without major  modifications.

Since at the time of lease the net present value of the payments is 88% of the actual market price and the useful life of the asset was 70% at the end of the lease term and also the title of asset shall not be transferred to lessee at the end of lease term, therefore the lease shall not be classify as finance lease and it shall be classified as operating lease so the answer is A. True

4 0
3 years ago
Appling Enterprises issued 8% bonds with a face amount of $400,000 on January 1, 2021. The bonds sold for $331,364 and mature in
lyudmila [28]

Answer:

sry I just wanted the points I'm in middle school so I don't know this stuff either but can you give free brainlyest I'm soo close to my next rank I'd really appreciate it if you would

8 0
2 years ago
Which act outlines regulations to control smoke and other forms of pollution from various sources, whether stationary or in moti
hoa [83]

The clean air act outlines regulations to control smoke and other forms of pollution from various sources, whether stationary or in motion.

<h3>What is pollution</h3>

Pollution is the release of dangerous and toxic substances to the air or environment which are toxic to human health and prone health hazards.

Therefore, The clean air act outlines regulations to control smoke and other forms of pollution from various sources, whether stationary or in motion.

Learn more about pollution below.

brainly.com/question/24704410

#SPJ4

8 0
2 years ago
Other questions:
  • How can poor education facilities be improved
    6·1 answer
  • Why does a diverse and inclusive workforce benefit a firm supporting a global market?
    15·1 answer
  • When was the articles of confederation written
    13·2 answers
  • Mr. Drucker uses a periodic review system to manage the inventory in his dry goods store. He likes to maintain 15 sacks of sugar
    12·1 answer
  • IE 8-2 ... AS/AD Model – Suppose this economy was initially at Full Employment, but then experienced two large LEFT shifts of
    14·1 answer
  • Services differ from manufacturing for all of the following reasons EXCEPT: a. Heterogeneity b. Time-perishable capacity c. Simu
    12·1 answer
  • Tempe Office Services and Supplies (TOSS) provides various products and services in the Tempe Research Park, home to numerous hi
    5·2 answers
  • Round Hammer is comparing two different capital structures: An all-equity plan (Plan I) and a levered plan (Plan II). Under Plan
    5·1 answer
  • What is one risk of being an entrepreneur?
    14·2 answers
  • Determine the monthly payment of a loan for $3,000 at 7. 5% interest compounded monthly for 36 months. A. $93. 32 b. $95. 40 c.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!