1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Naya [18.7K]
3 years ago
7

Having a good credit score is important because

Business
2 answers:
raketka [301]3 years ago
6 0
It reflects how likely an individual is to pay off their debts.  Banks and other lending institutions, and sometimes even landlords, look at your credit score, before lending or renting to you.
zvonat [6]3 years ago
5 0
It shows you're trustworthy and banks will be more willing to loan you money
You might be interested in
You are saving for retirement. To live​ comfortably, you decide you will need to save $ 1million by the time you are 65.Today is
kozerog [31]

Answer:

Monthly pay= 5344.67

Explanation:

Giving the following information:

To live​ comfortably, you decide you will need to save $ 1million by the time you are 65.

Today is your 29th ​birthday, and you​ decide to put the same amount into a savings account. If the interest rate is 8%​.

How much must you set aside each year?

n= 36

i= 0.08

FV= 1,000,000

We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

We need to isolate A (monthly pay):

<u>A= (FV*i)/[(1+i)^n-1]</u>

A= (1000000*0.08)/(1.08^36-1)

A= 80000/14.96817184

A= 5344.67

8 0
3 years ago
Suppose that over the last twenty-five years a country's nominal GDP grew to three times its former size. In the meantime, popul
frez [133]

Answer:

B. It increased, but it less than doubled

Explanation:

Real GDP per person is defined as the total economic output divided by the total number of people. It is used in roughly indicating the standard of living.

An increased in the nominal GDP 3 times its formal will lead to a proportionate increase in the GDP per person statistics. But I was a noted that there was a 100% increase in population, meaning that population doubled. This indicates that the GDP per person increased but it less than double because of the population doubling in that period of time.

7 0
3 years ago
Read 2 more answers
Social capital facilitates _______________. a. how the organization will spend its money b. the decision of whether to adopt a n
zvonat [6]

Answer: Option C

 

Explanation: Social capital refers to the additional success an organization get due to its positive relationships and communication network both within and outside the organisation. It is not a decision making but an ongoing process and is considered necessary in modern business environment.

The media houses could affect the business operations at a high level. Thus, positive relationships with the media houses can bring the organisation an edge over its competitors.

As it is related to relationship building and management it could be facilitated by the social capital.

 

7 0
3 years ago
Places where early peoples met and traded developed into __________.
Cloud [144]

I believe the answer would be Trade Routes, however take that with a grain of salt because it may be wrong.

6 0
3 years ago
A demand function for step stools manufactured by U-Step is q = -720p + 20,500.
meriva

Answer:

$140,420

Explanation:

The demand function is q = -720p + 20,500.

The price is $17

q = -720 ($17) + 20500 = 8260

The quantity sold is 8260

Revenue = price × quantity sold

= $17 × 8260 = $140,420

5 0
3 years ago
Other questions:
  • 98 points list 2 reasons why trump is a good prez and 3 reasons why he is not
    13·2 answers
  • Working for a nonprofit company that lacks financial resources or working for a start-up company that lacks the infrastructure a
    5·1 answer
  • "​generally, _________ is a​ company's most expensive promotional tool."
    13·1 answer
  • How data of new hired empployees are saved?
    7·1 answer
  • Fear of a lawsuit prevents many employers from giving totally honest recommendations to former employees. this reflects a change
    10·1 answer
  • The privacy act of 1974 ____.
    12·1 answer
  • The entry to record the amortization of a premium on bonds payable on an interest payment date would Group of answer choices a d
    7·1 answer
  • What type of income includes all taxes and deductions before they are taken out?<br>​
    7·1 answer
  • How can a company´s salespeople help with product development?
    12·1 answer
  • What are the implications of using criteria, such as baldrige, in assessing organizational culture needs? explain
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!