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Reil [10]
3 years ago
5

One of the advantages of a home equity loan is that you can borrow money any time. True or False

Business
1 answer:
Sati [7]3 years ago
6 0

Answer: <u>True</u>

Explanation:

Home equity loans work more in the form of a credit card.  For the time that you have the loan, you are allowed to borrow a certain amount of money. The time limit, is, of course, set by the lender and for the duration of that period of time, you may withdraw money as the occasion arises.

<h2>Hope this helps!   :)</h2>
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Select all the correct answers.
uysha [10]
All of the given questions are part of the critical questions that entrepreneurs need to ask themselves. Being an entrepreneur needs a lot of thinking and planning and these questions should be taken into account. Running a business would include the location fit for the type of business you have, the structure of your business, how you recruit workers and the incentives you give them, and most importantly, your capital.
6 0
3 years ago
The stock of Big Joe's has a beta of 1.40 and an expected return of 12.10 percent. The risk-free rate of return is 4.6 percent.
leonid [27]

Answer:

5.403%

Explanation:

Calculation for the expected return on the market

Using this formula

Expected return =(Expected return-Risk-free rate of return)/Stock beta +Risk-free rate of return

Where,

Expected return=12.10%

Risk-free rate of return=4.6%

Stock beta =1.40%

Let plug in the formula

Expected return =(0.121-0.046)/0.014+0.046

Expected return =0.075/0.014+0.046

Expected return=5.357+0.046

Expected return =5.403%

Therefore the expected return on the market will be =5.403

7 0
3 years ago
MacKenzie Company sold $180 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 4% servic
Olegator [25]

Answer: A, Debit Cash of $180 and Credit sales of $180.

Explanation:

The above transaction is due to the fact that MacKenzie company is the company that made the sales.

$10,000 for 180days promissory note @ 9%. Since the 9% is an annual rate and the loan is for 180day we calculate thus:

10,000*9/2 = 10,000 * 4.5%=$ 10,450

5 0
3 years ago
Read 2 more answers
Which statement is not true about the minimum wage?
mamaluj [8]

Answer:

Owners are not required to pay it to foreign workers.

Explanation:

Owners must pay it to any worker regardless of its nationality.

4 0
2 years ago
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A $22 credit to sales was posted as a $220 credit by what amount is the sales account in error
Elodia [21]
I think i read the question right. I think they would be out $198
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3 years ago
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