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Fittoniya [83]
3 years ago
10

Why does an unsecured loan have a higher interest rate than a secured loan?

Business
2 answers:
salantis [7]3 years ago
6 0
The banker has a set amount he or she can say yes it ok for the loan .
after that the banker has to ask the manager then the manger has to ask people higher up so what happens is in the bank when they have to get others opinions what happens is they share the cost of the loan if not payed back as a loss to both not just one
sergey [27]3 years ago
3 0

Your answer would most likely be A.) The bank bears all the risk of the loan.

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Lorico [155]

Answer:

The answer is 'One product and multiple market segments'

Explanation:

The market segmentation strategy here is One product and multiple market segments.

The product is one product(the magazine story) and this one product (same story) covers 16 different regions of the U.S i.e the same product is selling in 17 market segments.

The advantage of this strategy is that it helps to avoid the additional costs of developing and producing additional versions of the product.

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3 years ago
4. Tom Busby owes $20,000 now. A lender will carry the debt for four more years at 8 percent interest. That is, in this particul
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Answer:

Tom Busby

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= $4,091.64

Explanation:

a) Data:

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Payment period = 12 years

Interest rate during payment period = 11%

b) From online finance calculator:

You will need to pay $4,091 every year for 12 years to payoff the debt at 11% interest.

Monthly Payment $340.97

Annual Payment  $4,091.64

Time Required to Clear Debt 12.00 years

Total of 144 or 12 Payments = $49,099.25

Total Interest $21,899.25

8 0
3 years ago
What is horizontal segmentation?
Gekata [30.6K]

Answer: Horizontal segmentation try's to understand what customers want and then to deliver it.

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2 years ago
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Brrunno [24]

please ask questions clearly

8 0
3 years ago
Read 2 more answers
In the purchase stage of the consumer journey, research indicates that ________ activities shorten the time consumers take to ad
SIZIF [17.4K]

Answer:

The correct word for the blank space is:  Direct Marketing.

Explanation:

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