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timofeeve [1]
3 years ago
12

Which of the following statements are TRUE about credit scores?

Business
2 answers:
Fittoniya [83]3 years ago
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:

<u>The depreciable cost is the result of deducting from the purchase price the salvage value:</u>

<u></u>

Depreciable cost= 56,000 - 8,000

Depreciable cost= $48,000

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

<u></u>

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

<u>Finally, the units of production depreciation for the first year:</u>

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:

A?

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
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