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Nitella [24]
4 years ago
11

Borrowing money to pay for expensive items like student loans and home mortgages with the intent to pay it back in fixed monthly

payments is called
installment credit
an unsecured loan
a secured credit card
compounding interest
Business
2 answers:
Leno4ka [110]4 years ago
8 0

Answer:

Installment Credit

Explanation:

horrorfan [7]4 years ago
8 0

Answer:

Installment Credit

Explanation:

Installment credit is a type of credit for a fixed sum to be repaid in instalments e.g student loans

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Carol thomas will pay out $6000 at the end of year two and $8000 at the end of year three. then carol will recieve $10,000 at th
insens350 [35]

Solution:

PV = FV x PV_{if} (App. B: 10%, 2 periods)

       = $6,000 x 0.826 - $4,956

PV = FV x PV_{if} (App. B: 10%, 3 periods)

    = $8,000 x 0.751 = $6,008

PV = FV x PV_{if} (App. B: 10%, 4 periods)

    = $10,000 x 0.683 = $6,830

Net Value of Payments = ($4,956) + ($6,008) + $6,830 = ($4,134)  

5 0
4 years ago
Purchasers of theatre tickets receive a 20 percent discount if they purchase and pay for the full season at one time. This is an
Anni [7]

Answer:

Is the mixed bundling type.

Explanation:

In marketing, product bundling is offering several products or services for sale as one combined product or service package. It is a common feature in many imperfectly competitive product and service markets.

Mixed bundling occurs when consumers are offered a choice between purchasing the entire bundle or one of the separate parts of the bundle.

6 0
4 years ago
How much would Software E cost <br> you in the long run?
kicyunya [14]
It would cost me a fortune tbh like software e cost is like the best thing to ever exist so you won’t regret nothin
5 0
3 years ago
At the present time, Water and Power Company (WPC) has 5-year noncallable bonds with a face value of $1,000 that are outstanding
kicyunya [14]

Answer:

6.53%      

Explanation:

For computing the after cost of debt we need to use the RATE formula i.e to be shown in attached spreadsheet. Kindly find it below:

Given that,  

Present value = $1,050.76

Future value or Face value = $1,000  

PMT = 1,000 × 10% = $100

NPER = 5 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after applying this above formula

1. The pretax cost of debt is 8.70

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 8.70% × ( 1 - 0.25)

= 6.53%      

6 0
3 years ago
Streamlining information encompasses all of the information contained within a single business process or unit of work, and its
NARA [144]

Answer:

  • False

Explanation:

Transaction details encompasses all of the details comprises within a single business procedure or unit of work, its main purpose is to brace the performing of day to day operational or structured conclusions.

6 0
3 years ago
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