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3 years ago

What is the BEST reason to review your credit reports annually?

Business

1 answer:

FrozenT [24]3 years ago

8 0

Answer:

The correct answer is letter "C": To see if there are any errors or fraudulent activity.

Explanation:

Credit reports provide a summary of all the credits an individual has. It is a good practice to request a credit report at least once a year to find out if there is fraudulent activity. Banks usually inform account holders about fraudulent activity but in some other cases, such as in identity theft, the affected person does not realize what is happening until collection is made for the debt that person is supposed to have.

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Paul splits an investment of $20000 , a portion earning simple interest at a rate of 3.8 % per year and the rest earning at a ra

koban [17]

Answer:

$9,000 (amount invested at 3.8%)

$11,000 (amount invested at 8.1%)

Explanation:

Let us calculate the total interest earned by both investments

Interest earned= 0.06165* 20,000= $ 1,233

Let principal invested at 3.8% be X

Use formula Interest= principal* rate*time in years

Interest= X*0.038*1= 0.038X

Principal invested at 8.1% be (20,000-X)

So Interest = (20,000-X)*0.081*1= 1,620-0.081X

Total interest earned = Interest at 3.8% + Interest at 8.1%

1,233= 0.038X + 1,620 -0.081X

Rearranging

0.043X= 387

X= 387/0.043

X= $9,000 (amount invested at 3.8%)

Substitute in equation

Principal invested at 8.1%= 20,000-X

= 20,000- 9,000

= $11,000 (amount invested at 8.1%)

8 0

3 years ago

Julia is a U.S. citizen. She establishes a website that posts threatening messages about celebrities. Her website is.

svlad2 [7]

Answer:

b. not protected by the First Amendment

Explanation:

Based on the information provided within the question it can be said that the Julia's website is not protected by the First Amendment. This is because the Supreme Court has never interpreted freedom of speech to allow the inclusion of obscenities. Which "threatening posts about celebrities" would fall under the category of obscenity and not be protected under the First Amendment.

4 0

3 years ago

You invested $30,000 in BOA, $20,000 in Best Buy, and $50,000 in Harley-Davidson for your portfolio. Betas are 1.8, 1.05 and 1.5

steposvetlana [31]

Answer:

Beta= 1.5

Explanation:

First, we need to calculate the proportional investment of each asset:

Total investment= $100,000

BOA= 30,000/100,000= 0.3

Best Buy= 20,000/100,000= 0.2

Harley-Davidson= 50,000/100,000= 0.5

To calculate the beta of the portfolio, we need to use the following formula:

Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)...

Beta= (0.3*1.8) + (0.2*1.05) + (0.5*1.5)

Beta= 1.5

4 0

2 years ago

Matt and Bree are saving for a new car. At the end of 2013, their total savings was $ 9,500 . In 2014, total savings increased t

Mrac [35]

Answer:

$725

Explanation:

The total savings made by Mat and Bree in year 2014 shall be given as follow:

Total savings in 2014=Aggregate savings in 2014-Aggregate savings in 2013

Aggregate saving in 2014=$10,225

Aggregate saving in 2013=$9,500

Total savings in year 2014=$10,225-$9,500

=$725

5 0

3 years ago

If the two countries have the same amount of resources and the same technological knowledge, which country has an absolute advan

Kisachek [45]

Answer:neither does

Explanation:

3 0

3 years ago