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ELEN [110]
3 years ago
13

Cindy is taking out a loan today. The cash amount that she is receiving is equal to the present value of the lump sum payment th

at she will be required to pay two years from today. Which type of loan is this
Business
1 answer:
algol133 years ago
7 0

Answer:

Pure discount

Explanation:

Cindy is taking a pure discount type of loan. A pure discount loan is the promise to pay a certain sum of money in the future in exchange for borrowing money today. Cindy gets money today and repays a single lump sum at a future date. A pure discount loan is where the principal is paid back at a future date without any periodic interest payments

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When Carolina is in the grocery store buying milk for her children, she picks up a tube of toothpaste at the same time. The toot
yKpoI14uk [10]

A relatively inexpensive item that merits little shopping effort, is called Convenience product.

<h3>What is the Product?</h3><h3></h3>

Product refers to the finished goods or the material that has been converted from the raw material to fulfill the needs of the customer. There are four types of product i.e. convenience goods, shopping goods, specialty products, and unsought goods.

Convenience product is that type of the product which can be purchased with the minimal efforts because it is cheap in value and can be purchased frequently.

In the above case, Carolina picks up the toothpaste which is the example of the Convenience product.

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7 0
1 year ago
WoodCore Inc. produces an entire line of office furniture at its manufacturing facility in the United States and then ships its
devlian [24]

Answer: D. exporting

Explanation:

Exporting is the sale of goods to other countries apart from your own even though the goods being sold were produced in your own country.

Exporting works best when the country doing the exporting is capable of producing the goods being exported at a lower price than the country that it is sending to, that way the people in that country have an incentive to buy it over locally made products. WoodCore is producing in the U.S. and selling elsewhere. This is exporting.

8 0
3 years ago
The​ free-rider problem arises when an individual​ ____________. A. does not pay for a good because that individual is engaging
KiRa [710]

The free-rider problem arises when an individual <u>[</u><u>C]</u><u> </u><u>does not pay for a good because nonpayment does not prevent consumption.</u>

8 0
3 years ago
Shawna had a beginning balance in her checking account of $123.32. she wrote check #2341 for $23.77. she deposited two checks to
weqwewe [10]

Answer: $449.53

When Shawna wrote a check for $23.77, the same amount was deducted from her bank account, decreasing her balance to $99.55.  When she deposited two checks totaling $349.98, the amount was added, making her new balance increased to $449.53.


5 0
3 years ago
When creating a budget, log fixed expenses
Eduardwww [97]

Answer:

After income

Explanation:

Just took the test!

7 0
3 years ago
Read 2 more answers
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