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Luba_88 [7]
3 years ago
9

If you’re offered and no-interest loan, the amount of the loan should not exceed

Business
1 answer:
Ghella [55]3 years ago
8 0

The amount of the loan should not exceed $2000.

Answer: Option A.

<u>Explanation:</u>

A no-premium credit implies you are just taking care of the head — or the cash you acquired from the bank — without premium. That implies on the off chance that you make late installments or don't take care of your parity inside a certain time allotment, you might be charged intrigue retroactively on the whole parity.

A zero-interest credit is one where just the chief equalization must be reimbursed, given that the borrower respects the unbending cutoff time by which the whole parity must be fulfilled.

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4 0
3 years ago
Roak Company and Clay Company are similar firms that operate in the same industry. Clay began operations 2 years ago and Roak st
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Answer:

<h3>Required:</h3>

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4 0
3 years ago
A firm has decided to use the fair value option to record the value of a long-term liability. if the fair value of the liability
emmainna [20.7K]
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8 0
3 years ago
Which of the following examples demonstrates the law of demand?A) Mary buys fewer Milky Ways at $0.80 per Milky Way after the pr
777dan777 [17]

Answer:

The correct answer is letter "C": Kelvin buys more donuts at $0.80 per donut than at $0.95 per donut, other things equal.

Explanation:

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Thus, Kelvin's case is an example of the demand law since he purchases more donuts when the price is lower ($0.80) and purchases fewer donuts when the price is higher ($0.95).

4 0
3 years ago
Guy​ Ferrell, a student who lives in the country​ Paragon, observes that analysts are cutting their growth forecasts for the eco
Rama09 [41]

The correct answer to this open question is the following.

The statement, if​ true, that would explain the​ analysts' predictions would be "the Producer Price Index has been steadily increasing over the past few months."

That is what would have been the factor that supports the forecast. Although inflation has been constant at low levels, what changed was the Producer Price Index that is moving up. This factor could modify the results despite inflation is stable at this moment. When inflation is high, it directly affects the price of goods and the consumer.

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