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2 years ago

Why is it difficult to pay off debt and how can debt payments work against consumers?

1 answer:

8 0

Debt is hard because people like to put it off, and that putting it off has a cost called interest, eventually, something wil hit the consumer that will knock them oout and prevent them from making payments on time deepeenging them further into debt, then this repreats for along time

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In the context of Lazarus's model of appraisal, which of the following defines the term reappraisal? a. Determining whether reso

gladu [14]

Answer:(d.) Evaluation of whether the response made to a demand or threat was effective

Explanation:

Richard Lazarus stated that stress is a process where the manufacturing of stressors by the surrounding, and the effect on an individual subjected to these stressors.

He also stated that these cognitive appraisal will happen when a individual considers two major element that add in his response to stress. These two element are as follow :

The baleful propensity of the stress to the individual, and

The classification of resources required to decrease, endure or decimate the stressor and the stress it produces.

3 0

3 years ago

Which of the following criteria would Ben think is the least important as he decides on a career to support his lifestyle

Tpy6a [65]

What are the options?

8 0

3 years ago

What is the best definition of a conclusion?

vfiekz [6]

Answer:

The best definition for conclusion is.... the end if if something or it is about to end

Hope this helped

5 0

3 years ago

You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the

SpyIntel [72]

The question is incomplete. The complete question is :

You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs to hold to make this possible. Round your answer to the nearest dollar.

Regular withdrawal $ 2200

Interest rate 2%

Frequency Monthly

Time 20 years

Solution :

Given :

Monthly withdrawal = $ 2200

Interest rate = 2%

Frequency = monthly

Time = 20 years

= 20 x 12 = 240 months

Formula used :

$w=\frac{[PZ^{r-1}(Z-1)]}{[Z^Y-1]}$ with Z = 1 + r

where, w = monthly withdrawal

P = principal amount

r = monthly interest rate

Y = Number of months

So, w = 2200

r = 2% = 0.02

Z = 1 + r

= 1 + 0.02 = 1.02

Y = 240

Therefore,

$2200=\frac{P(1.02)^{240-1}(1.02-1)}{(1.02)^{240-1}(1.02-1)}$

$P=\frac{2200(115.888-1)}{113.6164(0.02)}$

= 111,231829

≈ 111,232 (rounding off)

Thus, the account balance = $ 111,232

3 0

3 years ago

If a nation exports more than it imports, it has a trade

Evgesh-ka [11]

The best answer to the question above would be letter b. surplus. If a nation exports more than it imports, it has a trade surplus. A trade surplus is when the nation has too many goods and they have to export it. Importing would be a bad decision since more goods are added to the economy.

5 0

3 years ago