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nika2105 [10]
2 years ago
14

What factor is NOT included in determining the total cost of a loan? Select the best answer from the choices provided. A. credit

history B. length of loan C. interest rate D. down payment
Business
2 answers:
Pavel [41]2 years ago
7 0

This is a tricky answer, because:

the length of the loan, the interest rate, and the down payment will all affect the total cost of the loan

--BUT--

your credit history can help determine the interest rate you are offered, the length of the loan offered, and the downpayment required.

I think this is an unfair question, but the answer the teacher is looking for is A. credit history because it has an INDIRECT effect on total cost and not a DIRECT effect like the others.

Digiron [165]2 years ago
5 0

IT'S D. I JUST DID IT

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An agent sells his client 10 U.S. government bonds due to mature in 30 years. According to NASAA's Statement of Policy on Unethi
Artemon [7]

Answer:

The bonds are guaranteed as to principal and interest payments by the US government.

Explanation:

According to NASAA's Statement of Policy on Unethical or Dishonest Business Practices of Broker-Dealers and Agents, a broker can say US government bonds are guaranteed on principal and interest payments.

However if inflation sets in and interest rates rises there is no guarantee from the government that interest paid on the bonds will match the higher interest rate.

So legally this statement is correct, even though the investor can lose money as a result of higher interest rate in the future.

4 0
2 years ago
Chris wants to open a family-oriented restaurant in a thriving suburban area. Chris thinks a sports-based theme and broad menu w
ella [17]

Answer:

The correct answer is letter "C": competitive barrier.

Explanation:

Competitive barriers represent obstacles for a business to start operations based on what other companies are already providing to the market. The settled companies -competitors- tend to have a preference and market share obtained through years of operations which is a threat for a new company that is looking for attracting consumers.

6 0
3 years ago
What would you predict if you had first mixed the catalase (100%) in serial solutions of varying phs of 3, 5, 7, 9, 11? what wou
lana [24]
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5 0
3 years ago
Information-based industries are most susceptible to which one of Porter’s five forces?
nasty-shy [4]
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7 0
2 years ago
Pharoah, Inc., has a bond issue maturing in seven years that is paying a coupon rate of 11.0 percent (semiannual payments). Mana
Delvig [45]

Answer:

Pharaoh will have to pay $1,084.47 for every outstanding bond that it retires.

Explanation:

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3 0
2 years ago
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