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3 years ago

Which of the following statements are TRUE about credit scores?

2 answers:

7 0

The statement that are true about credit scores are; credit scores reflect how likely individuals are to repay their debts. The credit bureau does not hide how it calculates peoples credit. The correct answer is A.

kenny6666 [7]3 years ago

4 0

C. Both A & B Hope I helped.

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In the fictional country of Dirian the economics statistics department has been busy calculating the price index for a basket of

inysia [295]

Answer:

Inflation refers to the general rise in price levels of goods and services in an economy.

$Inflation = \frac{CPI in current year - CPI in previous year}{CPI in current year} *100$

2014 Inflation;

$Inflation = \frac{104.7 - 100}{100} *100\\= 0.047$

= 4.7%

2015

$Inflation = \frac{109.3 - 104.7}{104.7} *100\\\\= 0.0439$

= 4.39%

2016

$Inflation = \frac{113.1 - 109.3}{109.3} *100\\\\= 0.0348$

= 3.48%

2017

$Inflation = \frac{119.2 - 113.1}{113.1} *100\\\\= 0.0539$

= 5.39%

4 0

3 years ago

Copy equipment was acquired at the beginning of the year at a cost of $56,000 that has an estimated residual value of $8,000 and

sergeinik [125]

Answer:

Results are below.

Explanation:

The depreciable cost is the result of deducting from the purchase price the salvage value:

Depreciable cost= 56,000 - 8,000

Depreciable cost= $48,000

The depreciable rate is the depreciation that the asset suffers in one year express as a percentage:

Depreciation rate= 1/5 = 0.2 or 20% per year

Finally, the units of production depreciation for the first year:

Annual depreciation= [(original cost - salvage value)/useful life of production in copies]*number of copies

Annual depreciation= (48,000/1,000,000)*240,000

Annual depreciation= 0.048*240,000

Annual depreciation= $11,520

5 0

3 years ago

Need help asap with this one

GuDViN [60]

Answer:

Explanation:

3 0

3 years ago

Consider the borrowing rates for Parties A and B. A wants to finance a $100,000,000 project at a FIXED rate. B wants to finance

QveST [7]

Answer:

party A will pay floating rate while party B will pay fixed rate

Explanation:

For A

Sources at floating rate = prime 1%

received fixed rate = 8.9%

For B

sources fixed rate = 8.9%

Received floating rate = prime 1%

For a mutually beneficial interest only swap that makes money for A,Band the swap bank in equal measure, the party A will pay floating rate while party B will pay fixed rate

4 0

3 years ago

Which of the following is good for our economy?

Otrada [13]

Answer:

Stable prices

Explanation:

Stable prices created a structured economy without residents having to constantly adapt to deflation, inflation etc.

8 0

3 years ago