The reason why the types of technology used on gautrain<em> are beneficial to the users</em> of the Gautrain in 2022 is:
- It makes use of wider track gauge-'Standard Gauge' to enhance speed and also protect the safety of the passengers in the train at high speeds.
<h3>What is Gautrain Train?</h3>
This refers to the type of train transport which makes use of rail systems that are about 80 kilometres long in the district of Gauteng in South Africa but commutes to other areas in the country.
With this in mind, we can see that the the Gautrain Trains are beneficial to the users of the train in 2022 as its safety standards are still top notch for travelers that want to commute in South Africa.
Read more about trains here:
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The difference between slaves and indentured servants is that slaves were captured and forced to work with no compensation. While indentured servants agreed to have things provided to them in return for them working for a certain amount of time. Pilgrims had nothing to do with these two things. Pilgrims were people who traveled somewhere for a religious purpose.
Explanation:
Long-term financing is a common need when you want to make large purchases, such as with a home, car or boat. You may also get a home equity loan or personal loan to cover education, home renovation or business start-up costs. You need to understand the advantages that come with the ability to repay these borrowed funds through installments over a long period of time.
Low Monthly Payments
The monthly payments on long-term financing are usually low. If you borrow $100,000 to buy a house at a 5 percent fixed interest rate with a 30-year repayment period, your monthly payment of principal and interest is $536.82. These small monthly installments improve your ability to budget effectively for other monthly expenses, including utilities, groceries, clothes and kids' needs.
Interest Benefits
Interest rates on long-term building or asset loans are usually low when you secure the loan with the asset. The low cost of borrowing adds justification to the financial benefits of repaying the debt in small installments over time. A home equity loan with a 10 to 15 year repayment period typically offers a better interest rate than credit cards or personal loans with shorter repayment periods. Additionally, the interest on mortgages and home equity financing is usually tax deductible. According to "Kiplinger" many homeowners are actually better off taking a 30-year mortgage at a slightly higher interest rate than a 15 to 20 mortgage largely because of the tax deductions.