Answer:
Grains occupy slightly more than <u>one-fourth</u> of the plate. The message to make half your grains <u>whole</u> is stressed throughout accompanying consumer-education materials.
Explanation:
Answer:
The maximum amount he can finance without exceeding his payment goal if interest rates are 3% is $160,000.
Explanation:
Assumption: There is no compounding effect as interest earned is paid as car payment and interest rate is 3% per year.
Monthly Outcome required = $400
Interest Rate = i = 3%
Number of Years = 5 years
Number of Months = 5 x 12 = 60 Months
Amount to be Finance = P = ?
Use Following formula to calculate the amount of Finance
Interest = P x ( 3% / 12 )
$400 = P x ( 0.25% )
$400 / (0.25% ) = P
P = $400 / 0.0025
P = $160,000
The maximum amount he can finance without exceeding his payment goal if interest rates are 3% is $160,000.
Answer:
b
Explanation:
The operational risk committee has the responsibility of maintaining and overseeing the operational risk of an organisation. They are to identify possible operational risks of all the activities of a company and take steps to mitigate and manage such risks
The functions of The operational risk committee includes :
- Identify possible risks
- Evaluate the risks
- Develop and implement strategies needed to manage the risk
- Evaluate the risk and strategize implemented regularly
Answer:
A Mortgage
Explanation:
A mortgage is a contract between two parties borrower and lender. In this agreement a bank or any other institution issues a loan against taking an title of an asset as a collateral that will become void if the mortgage is fully paid back with interest. The asset is taken as a security of the mortgage loan. The collateral should a specific asset that can be identifiable. Actual possession may not be transferred to lender only the ownership is transferred in many cases.
In this question the bank is taking a plant as a collateral from Roundwell Inc. against a mortgage loan of $10 million.
