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tresset_1 [31]
3 years ago
13

An example of a loan that tends to have a lower interest rate is a(n) __________ loan.

Business
2 answers:
Lena [83]3 years ago
8 0

Answer:

home loan

Explanation:

took the quiz

Setler79 [48]3 years ago
6 0
The answer is : A. Home loan

Home loan only have about 4 -5 % interest rate. Compared to other options :

- Credit Card Loan : about 15 %  of interest rate
- Paycheck Loan : also about 15 % of interest rate
- Unsecured Loan : usually above 20 % interest rates


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kondor19780726 [428]

The net income of the firm is $1,200

<h3>What is net income?</h3>

Net income refers to the amount an individual or business makes after deducting costs, allowances and taxes.

Net profit is also amount of money a business earns after deducting all operating, interest, and tax expenses over a given period of time.

First, we know that:

Return on equity

= Net income / Total equity

Fixing the given values, we'll have

20% = Net income / $6,000

Net income = $6,000 * 20%

Net income = $1,200

Therefore, net income of the firm is $1,200

Learn more about computation of net income here: brainly.com/question/24836146

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2 years ago
What is the Best loan option for your<br> lemonade Stand? Why?
Arte-miy333 [17]

Answer:

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Explanation:

Lemonade stand can be regarded as a small business, Hence, the loan that suit the business is " Short term loan".

Short term loan can be regarded as loan that can be obtained to give support to ones personal as well as business capital. It is designed for the needs of small business capital with less interest compare to long term loan. The period of payment is usually within a year. It is of low risk and good profit.

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2 years ago
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3 years ago
How often should you typically monitor your checking account?
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