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
ch4aika [34]
3 years ago
14

Credit card refinancing vs debt consolidation

Business
2 answers:
Andrews [41]3 years ago
8 0

Answer:

Explanation:

Credit card refinancing involves moving the balance from one credit card on to another credit card with a lower interest rate to save money. Debt consolidation focuses on combining several sources of debt into one account with a single monthly payment. While both can save money on interest, debt consolidation is more about reducing the number of accounts into a single personal loan.

andre [41]3 years ago
8 0

Credit card refinancing is choosing the best credit card with the lowest rate possible. On the other hand, debt consolidation can involve multiple credit cards or loans.

When you consolidate, you are combining multiple payments into 1 simple monthly payment.

You might be interested in
Incident resource information management systems are used to collect, update, and process data; track resources; and:
zaharov [31]
Alert personnel when credentials are about to be expired
7 0
3 years ago
The capital budgeting process in a company involves evaluation of cash flows, risk analysis, correlation with the portfolio of p
Galina-37 [17]

Answer:

c. Universal Computer Corp.’s purchase of a competitor’s subsidiary.

b. Atlanta Aeronautics Co.’s purchase of a new piece of equipment.

Explanation:

Consider the following definition.

What is capital Budgeting ? Capital budgeting is the process a business undertakes to evaluate potential major projects or investments.

3 0
3 years ago
The the bacteria turn the nitrogen into
Archy [21]
Soil bacteria convert atmospheric nitrogen into nitrates that becomes usable by a plant's root(s) to absorb it and use it in chemical reactions.
5 0
2 years ago
What is ROI and why does it matter?
Stels [109]
<span>ROI stands for Return On Investment. This is very important when you are making an investment whether it is in terms of training, capital or equipment</span>
8 0
3 years ago
Read 2 more answers
According to the liquidity premium theory of the term structure of interest rates, if the one-year bond rate is expected to be 4
KatRina [158]

Answer:

Interest rate on the a three year bond =5.5%

Explanation:

one-year bond rate expected = 4%, 5%, 6% for the next three years

liquidity premium on a three year bond = 0.5%

number of years = 3

The interest rate on the a three year bond can be calculated as

= liquidity premium + ( summation of bond rates for the next three years/number of years )

= 0.5 + ( (4+5+6)/3)

= 0.5 + ( 15/3)

= 0.5 + 5  = 5.5%

4 0
3 years ago
Other questions:
  • Vladimir is a manager at Auttowort Inc., an automotive plant in the United States. Auttowort has started expanding to other coun
    5·1 answer
  • Technology can be helpful and increase learning in the classroom true or false
    12·1 answer
  • Melodyâs Piano School operations for the month of May were limited to the following transactions:1. Provided $500 of instruction
    10·1 answer
  • What’s the difference between a commercial bank and an investment bank? List the major types of financial institutions, and brie
    9·1 answer
  • Packard Company engaged in the following transactions during Year 1, its first year of operations: (Assume all transactions are
    14·1 answer
  • At the end of 2019, Uma Corporation is considering a major long-term project in an effort competitive in its industry. The produ
    9·1 answer
  • Clark, a widower, maintains a household for himself and his two dependent preschool children. For the year ended December 31, 20
    10·1 answer
  • Gary's wife died last year, so he has been raising his three children on his own. When he files his taxes this year, which tax s
    13·1 answer
  • Suppose at an output level of 150 units a firm's average fixed cost is $25 and average variable cost is $50. Then the average to
    7·1 answer
  • Most new carmex products are priced between $0. 99 and $2. 99, well within reach of the price-sensitive mass consumer market. Ca
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!