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tensa zangetsu [6.8K]
3 years ago
6

Identity errors, incorrect account details, and fraudulent accounts are the most common credit report errors. What should you do

if you find errors?
You should dispute the error with a credit agency or with a bank/lender and locate any receipts or other written proof that the data is not correct.


You can wait until next year’s credit report and if the errors are still there, then you can dispute the error.


You should sue the credit agency as soon as possible.


You have no options to resolve these issues and have to accept the errors.
Business
1 answer:
Lostsunrise [7]3 years ago
4 0

Answer:

The correct answer is letter "A": You should dispute the error with a credit agency or with a bank/lender and locate any receipts or other written proof that the data is not correct.

Explanation:

It is important to review your credit report frequently to spot errors. In such cases, you must the corresponding financial institutions to make the corrections necessary. If proof is needed you should send it. The objective is to <em>keep your information as accurate as possible</em> so your credit rating can increase every year.

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Your Aunt Elsa has $500,000 invested at 6.5%, and she plans to retire. She wants to withdraw $40,000 at the beginning of each ye
Ksju [112]

Answer:

22.85

Explanation:

Present value (PV): $500,000

Rate: 6.5% per annual

Payment (PMT) : $40,000 per year

We can use excel to calculate the maximum number of whole payments that can be withdrawn before the account is exhausted

=NPER(rate, PMT, -PV,,1) = NPER (6.5%,40000,-500000,,1) = 22.85

Download xlsx
7 0
3 years ago
If a borrower provides collateral and fails to repay the loan,
MakcuM [25]
The correct option is  B.
In case of non repayment of loan, the lender can sell the collateral and used the proceeds to cover his losses.  A collateral is always in form of properties which are substantial in value, it is often requested that borrowers provide collateral in order to reassure lenders that they will pay up.
6 0
3 years ago
Read 2 more answers
The Real Estate Recovery fund is financed through money received from administrative fines and surcharges on new and renewing li
Lelu [443]

Answer:

The correct answer is:  $1,000,000 (one million dollars).

Explanation:

The Real Estate Recovery fund is the poll of money collected to refund people who have been affected somehow by real state brokers or salespeople. Fraud, misrepresentation or deceit are considered for his purpose and it is given only when no benefit can be provided to the person affected after court. If the amount implied is greater than $1,000,000 (one million dollars) the Real Estate Recovery Fund is unable to provide any reimbursement aid.

3 0
3 years ago
____ act as the export sales department for a manufacturer. Group of answer choices International freight forwarders Shippers as
Tomtit [17]

Answer:

Export management companies

Explanation:

Export management companies acst as the export sales department for a manufacturer.

Export management companies refers to firms that helps in the distribution of goods produced by other firm's in the international market. They export goods on behalf of other firm's.

Export management companies are independent companies that provides support services for other firms engaged in exporting. Services rendered by export management companies includes: insuring, billing, shipping, warehousing among others.

They also help to provide important information that will improve the quality of product to firms who hire them.

3 0
3 years ago
. El Capitan Foods has a capital structure of 36% debt and 64% equity, its tax rate is 35%, and its beta (leveraged) is 1.4. Bas
almond37 [142]

Answer:

The firm's unleveraged beta is 1.0251

Explanation:

Hamada's equation  is used to separate the financial risk of a levered firm from its business risk.

The Hamada equation:

Bu= Bl/(1 + (1 − T)(D/E))

Bl = 1.4

wd = 0.36

Tax rate = 35%

D/E = wd / (1 – wd) = 0.5625 = 56.25%

= 1.4/ (1+(1-0.35)(0.5625))

=1.4/ 1 + (0.65)(0.5625)

=1.4/1.36

= 1.0251

5 0
3 years ago
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