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saul85 [17]
4 years ago
14

joana wants to get a $1,000 loan from her bank. she finds out that the current interest rate is 17%. if joana came to you for ad

vice, would you tell her to get the bank loan or to not get the bank loan? include a reason for tour answer in your response to joana?
Business
1 answer:
Soloha48 [4]4 years ago
8 0
No porque es un interes muy caro
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The peripheral country dilemma of having constantly to borrow in order to fund economic development is known as:
Mariulka [41]

Answer:

debt trap

Explanation:

In simple words, debt trap refers to the situation when a company keeps on incurring debt for repaying off the loans taken earlier. It is called trap as the amount of interest on loan keeps on building up making it impossible for the firm to pay it off completely.

Usually the firms starts getting in debt trap when they lack of funds or due to failure of the specific project for which the loans has been taken specifically. Once the firm gets inside such a situation stepping back becomes nearly impassible leading to complete shut down of the firm.

6 0
3 years ago
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Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. What is his best option for affor
maw [93]
None of the above because none of these make sense to be the answer
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4 years ago
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The principal building material for mesopotamian ziggurats was
Lena [83]
<span>Sun baked mud bricks comprised the core of Mesopotamian ziggurats, while fired mud bricks comprised the outer facing. These fired bricks were often glazed in a variety of colors, speculated to have an astrological meaning. Sometimes facing bricks displayed the engraved names of Kings.</span>
4 0
3 years ago
Activity-based costing (ABC) can eliminate cost distortions because ABC: A. develops cost drivers that directly link the activit
Bas_tet [7]

Answer:

A. develops cost drivers that directly link the activities performed to the products manufactured.

Explanation:

ABC identifies the activities and according to that the cost are distributed that based on the predetermined overhead rate. So it also helps in removing the distortions of the cost so that drivers of the cost could be identified that are applied for the cost distribution for the activities that are performed

Therefore the option a is correct

6 0
3 years ago
Read the scenario, and answer the question.
Strike441 [17]

Answer:

One possible revision suggestion for the previous follow-up letter is to:

c. Identify the position he applied for and the date of the interview.

Explanation:

Stating clearly the position that Enrique interviewed for and the the date of the interview will enable the interviewer to reconsider the candidacy of Enrique for the copy-editor position.  However, the wording of his first draft of the follow-up email sounds too condescending.  Enrique should not display some desperation in his job-search effort.

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