Answer:
Consummation
Explanation:
A creditor must ensure that the consumer receives the revised Loan Estimate no later than four business days prior to consummation.
The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Therefore, Option D is the correct statement.
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<h3>What is the relationship between price and quantity?</h3>
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The law of supply and demand is a keystone of present-day economics. According to this theory, the price of a good is inversely associated with the quantity offered.
This makes the experience for plenty of goods because the more high-priced it becomes, much fewer people could be capable of affording it and the demand will finally drop.
Therefore, The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Option D is the correct statement.
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Answer:
Compare and Contrast
- Both bonds have face values.
- Bond with coupon rate pays the interest whereas zero-coupon bond does not pay such interest periodically.
- Bond with coupon rate is issued on the market value whereas zero-coupon bond is issued on deep discount value.
- A Zero-coupon bond is more volatile than a bond with a coupon rate.
- Usually zero-coupon bond has a higher yield rate than a bond with a coupon rate.
- A zero-coupon bond may also help to save taxes whereas a bond with a coupon rate has tax consequences for the investor due to interest income.
Explanation:
Bond with a coupon rate
The bond issued with coupon rate has an interest rate which is used to calculate the interest payment or income. This bond is issued on the market value.
Zero-coupon Bond
The zero-coupon bond is a bond that does not have any interest and does not pay interest or receive interest income. This bond is issued at a deep discount value.
Answer:
200,000
320,000
$ 10.40
Explanation:
The answers can be found on the table. To determine the quantity demanded at $10.80, look at the table and locate $10.80. On that row,trace to the quantity demanded.
To determine the quantity supplied at $10.80, look at the table and locate $10.80. On that row,trace to the quantity supplied.
To determine prife at which quantity supplied is 220,000. Locate 220,000 on the table and trace it to the price.
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Answer:
How much does Lloyd need to increase his withholding by (for the year), in order to avoid the underpayment penalty?
Explanation:
If he increase withholding by $1,440 for the year.
A citizen can maintain a strategic distance from an underpayment of punishment if their retention and evaluated assessment installment measure up to or surpass one of the two safe harbors.
90% of current expense risk = 90% * $10,900
= $9,810.
100% of past assessment risk = $15,600.
Since, Lloyd's retention does not equivalent or surpass $9,810 or $15,600.
He should expand retaining or make payment this year to stay away from the underpayment punishment
= $9,810 - $8,370
= $1,440