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
qwelly [4]
3 years ago
7

James stopped making payments on a credit card when he was in college. When applying for a car loan after graduation, he realize

s the missed payments have caused negative marks on his credit report and he only qualifies for a high interest rate loan. James decides against purchasing the car and makes payments on his old credit card. Evaluate James's decision.
Mathematics
1 answer:
wolverine [178]3 years ago
5 0

Answer:

Here, James took the right decision. I will clarify this with few points.

1st - If he purchases a car at high interest rate, he will still have all his debt on previous credit card standing as it is. He will have to pay car loan plus his older dues thus paying at double places.

2nd - It is likely that he can still default on loans as paying double money each month can create problems and James can again stop making payments.

3rd - If James starts paying his debts now, he can be free in a few years time and his credit score will again become good. Then he will get the regular rate of interest for his car as he will be debt free.

So, we can say, he made the right decision.

You might be interested in
John is making 3 1/2 batches of cookies. Each batch takes 2 1/4 cups of flour. How much flour will John need for the cookies?
Ivahew [28]

Answer: 7 7/8 cups of flour

Step-by-step explanation:

Since John is making 3 1/2 batches of cookies and each batch takes 2 1/4 cups of flour.

The amount of flours that John will need for the cookies will be gotten by multiply the batches of cookies made by the number of flours of cups used per batch and this will be:

= 3 1/2 × 2 1/4

= 7/2 × 9/4

= 63/8

= 7 7/8 cups of flour

7 0
3 years ago
The area of a rectangle is x2-13x+36 cm2. if its width is x-4 cm, what is length
Maslowich

Answer:

hi

Step-by-step explanation:

lolol

4 0
3 years ago
Plz help its due TOMMOROW​
sashaice [31]

Answer:

  86%

Step-by-step explanation:

Let g represent the mean mark for the 10 girls in the class. Then the mean mark for the class was ...

  10g +20(62%) = 30(70%)

  g = 3(.7) -2(.62) . . . . . . . . . divide by 10 and subtract 2(.62)

  g = .86 = 86%

The mean mark for girls was 86%.

_____

You can do this in your head if you consider it in terms of deviations from the mean. The second equation above can be rewritten and factored as ...

  g = 70% +2(70% -62%)

That is, because there are 2 boys for every girl, the girl's score is above the mean by an amount that is 2 times the amount that the boy's score is below the mean. The boys' score is below by 8%, so the girls' score is above by 16%, so is 86%.

4 0
3 years ago
Helpppppppppppp!!!!!!
Ipatiy [6.2K]

Answer:

1- (-1,4)

2- (3,8)

Step-by-step explanation:

PRETTY SURE

8 0
3 years ago
If you live 35 miles from work & drive 35 mph how long would it take to get there
Maurinko [17]
It would take one hour. 
4 0
3 years ago
Read 2 more answers
Other questions:
  • It's hard to determine if the bank's web site is secure. <br> true or false?
    10·2 answers
  • Algebra 2<br><br> Solve: f(x)=x^2-9
    5·1 answer
  • Ashley has sold 70% of the 20 candy bar she is supposed to sell for her softball team how many candy bars does she have left to
    9·1 answer
  • If t(n)=2n-3, is t(n)=54 a term sequence
    13·1 answer
  • There is a list of seven numbers. The average of the first four numbers is 5, and the average of the last four numbers is 8. If
    8·1 answer
  • 1. Use the table and the graph to answer the questions.
    11·1 answer
  • On a​ map, 1 inch equals 15 miles. Two cities are 3 inches apart on the map. What is the actual distance between the​ cities?
    9·1 answer
  • Neeed helppp pleasseeee
    5·1 answer
  • Pls it’s really importa I need help !!
    9·1 answer
  • Cara's Candles Cara likes candles. She also likes mathematics and was thinking about using algebra to answer a question she had
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!