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4 years ago

Which method of payment actually is a form of borrowing money that needs to be paid back later

1 answer:

6 0

Credit, when you use a credit card you borrow money from the bank which you have to pay off in a certain amount of time or else you’ll have to pay even more because of fees. With debit cards you just using your own money in your bank account

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Prof. Business will have $1,600,000 saved up by retirement at age 65. The retired professor expects to live 20 more years after

alexdok [17]

Answer:

heyy i hope ur having a great day so far hope my answer helps :)

Explanation:

<h2><em>$136348.618</em></h2><h2><em></em></h2><h3><em>Present value (PV) =$1,600,000 </em></h3><h3><em> </em></h3><h3><em>Number of year(n) = 20 </em></h3><h3><em> </em></h3><h3><em>Rate(r) = 6.5% = 6.5 / 100 = 0.065 </em></h3><h3><em> </em></h3><h3><em>Payment monthly (PMT) = ? </em></h3><h3><em> </em></h3><h3><em>Calculation:</em></h3><h3><em> in the picture </em></h3><h2><em> </em></h2><h2><em> </em></h2><h2><em>So, Payment per month = $136348.618</em></h2>

5 0

3 years ago

Discuss how the following socio economic issues can be a challenge to social responsibility:

natta225 [31]

Unemployment, poverty and human rights are obstacles in the formation of social responsibility. This greatly prevents a person to be able to develop social responsibility. Having a job teaches a person the value of responsibility. It also enables him to stand on his own two feet and later encourages him to do a bigger role in society. If a person is financially secure and have rights then that person can do more for society.

5 0

3 years ago

Agent Armstrong is employed by XYZ Agency, which is under contract with ABC Health Plan, a Medicare Advantage (MA) plan that off

MA_775_DIABLO [31]

Answer:

Agent Armstrong needs to be licensed and appointed in every state in which beneficiaries to whom he markets ABC MA plans are located.

Explanation:

In the given scenario XYZ Agency maintains a website marketing the MA plans with which it has contracts. So they are not in one location.

Clients from multiple states can subscribe to their services via website.

Agent Armstrong follows up with individuals who request more information about ABC MA plans via the website and tries to persuade them to enroll in ABC plans.

Since clients enroll in different locations there is a need for Armstrong to be licensed and appointed in every state in which beneficiaries to whom he markets ABC MA plans are located.

This will satisfy the varying compliance rules that each state of operation may have. Thereby providing seamless service delivery to customers of XYZ agency.

7 0

3 years ago

If there are too few respondents in the lowest income category, this category may be combined or merged with the next lowest cat

Nostrana [21]

Answer: E) Recoding

Explanation:

Recoding refers to the changing of a variable to better suit the needs for which the variable is being collected.

The variable's parameters can be redefined using recoding to either include more information or less so that the result can be more reflective of the situation on ground.

In mixing the lowest income category with the next lowest, recoding would have occurred.

5 0

3 years ago

Treasury stock represents ______. (Check all that apply.) the amount paid for stock reacquired and currently held in treasury st

Nata [24]

Answer:

the amount paid for stock reacquired and currently held in treasury

Explanation:

Treasury stock is an equity account and it is equal to:

total shares issued - total shares outstanding

Treasury stock increases when a corporation repurchases outstanding stock for the purpose of reselling them later or retiring them. This usually happens when the corporation has more cash than needed or the price of the stock is too low.

7 0

4 years ago