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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
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Answer this correctly for brainliest!!!
Nataly_w [17]

Answer:

C.

Explanation:

Im just guessing lol hopefully its right

8 0
3 years ago
Read 2 more answers
The contract Jack is signing has a clause that protects his assets from a deficiency judgment in case of foreclosure. What is th
charle [14.2K]

Answer:

exculpatory clause

Explanation:

Exculpatory clause in contracts is a clause that protects the person issuing it from liabilities of damages to an asset that may not be in their possession or out of their control. It prevents one party from the holding the other liable for damages to an asset during the execution of a contract. This is what Jack has done to protect himself from the liabilities that may result from any damages during the contract.

4 0
3 years ago
An age ________ consists of people of similar ages who have undergone similar experiences.
Phantasy [73]

I'm pretty sure it's an age cohort

6 0
3 years ago
Find the duration of a bond with a settlement date of May 27, 2020, and maturity date November 15, 2031. The coupon rate of the
andre [41]

Answer:

Explanation:

Duration is used to determine a bond's price sensitivity to interest rate changes. For fixed rate bonds, an increase in market interest rates leads to a decrease in the price of a bond. On the other hand, a decrease in market interest rates leads to an increase in the price of a bond. The longer the duration, the greater the swings in a bond price for a given change in interest rates. There are various types of duration. Two well-known types used for straight bonds (i.e., bonds without embedded options) are Macauley Duration and Modified Duration. Macauley duration is the weighted average of the time until cash flow dates, where the weights are given by the fraction of the present value arising from that period's cash flow. Modified Duration is derived from Macauley Duration.

Answer and Explanation:

The formula used to calculate Macauley Duration is shown below:

{eq}Duration = t_1 * \frac{c * d(t_1)}{PV} + t_2 * \frac{c * d(t_2)}{PV} + ...

5 0
3 years ago
The big difference between business process reengineering and continuous improvement programs like TQM or Six Sigma is that ____
Oksanka [162]

Answer:

C. reengineering is a tool for achieving one-time quantum improvement, whereas TQM and Six Sigma programs aim at ongoing incremental improvements.

Explanation:

4 0
3 years ago
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