All categories

4 years ago

What is credit?

2 answers:

5 0

When I took the test, I selected "C. an arrangement in which you receive money now and pay it back later with fees" but I got it wrong. So I'm pretty sure the answer is "A. an arrangement in which you receive money, goods, or services now in exchange for the promise of payment later"

bixtya [17]4 years ago

4 0

Answer:A. an arrangement in which you receive money, goods, or services now in exchange for the promise of payment later

Step-by-step explanation:

Credit is amount of a money which a financial institution allows a person to receive any particular amount of money ,goods or services to use now and pay later.This money, goods, or services is added into the account and the amount that can be credited is determined by a record of how well you have paid your bills in the past.

Among the given options the right option is :

A. an arrangement in which you receive money, goods, or services now in exchange for the promise of payment later.

You might be interested in

Find the circumcenter of triangle EFG with E(2,6) , F(2,4) , and G(6,4).

insens350 [35]

The answer is (4,5) Mark me brainliest!!!!!

6 0

3 years ago

Yesterday, the price of a loaf of bread at five supermarkets was $1.49,$1.64,$1.74,$1.52, and $1.66, but today each supermarket

Crank

$1.66 will be the mean of the bread at the supermarkets

3 0

4 years ago

Find the average rate of change over the interval 7 less than or equal to X less than or equal to 10, of the function defined by

Svetradugi [14.3K]

Answer:

B. 17

Step-by-step explanation:

The average rate of change is:

m_avg = (y₂ − y₁) / (x₂ − x₁)

m_avg = (100 − 49) / (10 − 7)

m_avg = 17

7 0

4 years ago

Which equation represents the linear function that is shown on the graph below?

d1i1m1o1n [39]

Answer:

$y = \frac{1}{2}x - 2$

Step-by-step explanation:

Given

The attached graph

Required

Determine the linear equation

First, we need to calculate the slope

$m = \frac{y_2-y_1}{x_2-x_1}$

From the graph, the following relationships exist:

$(x_1,y_1) = (4,0)$

$(x_2,y_2) = (10,3)$

So, the expression for calculating slope becomes:

$m = \frac{y_2-y_1}{x_2-x_1}$

$m = \frac{3-0}{10-4}$

$m = \frac{3}{6}$

$m = \frac{1}{2}$

Next, we calculate the equation using:

$y - y_2 = m(x - x_2)$

This gives:

$y - 3 = \frac{1}{2}(x - 10)$

Open bracket

$y - 3 = \frac{1}{2}x - 5$

Make y the subject:

$y = \frac{1}{2}x - 5+3$

$y = \frac{1}{2}x - 2$

7 0

3 years ago

Does it pay to ask for a raise? A national survey of heads of households showed the percentage of those who asked for a raise an

Vedmedyk [2.9K]

Answer: (a) 0.26 (26%)

(b) 0.45 (45%)

(c) 0.117 (11.7%)

Step-by-step explanation:

(a) P( woman asked for a raise ) = 0.26

This part is given in the question as 26% (The sample statistic). This is the proportion of women who asked for a raise.

(b) P(received raise given she asked)

This is a conditional probability question, as we are looking for the chance that a woman received a raise given she already asked for one.

P(received raise/asked for one) = P(received raise and asked for one) / P(asked for one)

= (0.26 x 0.45) / 0.26

= 0.45

(c) P(asked for raise and received one)

This is a Joint probability and it is found by multiplying the the probability that she received a raise given she asked for one by the probability that she asked for one. This can be deduced by rearranging the conditional probability formula in (b) above.

= P(received raise/ she asked for one ) x P(asked for one)

= 0.45 x 0.26

= 0.117

4 0

4 years ago