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antiseptic1488 [7]
3 years ago
7

What would be two things you may want to use installment credit for in the future?

Business
1 answer:
Marat540 [252]3 years ago
3 0

Installment credit is a loan with specific Monthly Payments, Terms, and Interest. These loans can be used to buy homes or cars and are effective for starting a business.

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In a competitive market, a computer store offers customers a warranty to help pay for any future damages. This is an example of
Taya2010 [7]

Answer:

The answer is reducing the risks for customers.

Explanation:

Businesses in a competitive market do many things to outshine their competitors. One of such things is offering a warranty to help pay for future damages. A warranty is simply an assurance that the business would be willing to help if a customer experiences challenges from use of the product sold by the business outfit. The business would either get the product fixed or give a new one to the customer with no additional cost.

Customers/consumers love warranty because it gives them full assurance and sense of security. As such, any business which offers warranties on their products would be seen as prepared to help reduce the risk for consumers of ther products.

5 0
3 years ago
astrid is starting a new job that involves a lot a driving, and she wants to have a comfortable new car with the latest gadgets.
Mama L [17]

Answer:

She better lease a car for work.

Explanation:

The most significant distinction between a lease and a rental agreement is the length of time they are valid for. In most cases, a rental agreement is for a short length of time (typically 30 days), but a lease contract is for a longer amount of time (generally 12 months, although 6 and 18-month leases are also frequent). So it's better to lease a car because you can use it longer.

4 0
2 years ago
The loan period does not affect the total cost of the loan
Ne4ueva [31]
True true true true true true true
6 0
3 years ago
Read 2 more answers
Boxer Inc. reported inventory at the beginning of the current year of $360,000 and at the end of the current year of $411,000. I
Lerok [7]

Answer:

9.75

Explanation:

4 0
3 years ago
Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than
SashulF [63]

Complete Question:

Determine the utilization and the efficiency for each of these situations:

a. A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 10 loans per

day and an effective capacity of 8 loans per day.

b. A furnace repair team that services an average of four furnaces a day if the design capacity is six furnaces a day and the

effective capacity is five furnaces a day.

c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than

those other systems? Explain.

Explanation:

It's not (true) actually. Whether the design capacity is comparatively (high), the utilisation could be (low) even though the efficiency was (high).

Utilisation = Output / Design capacity = \frac{17}{10} x 100%

Efficiency = Output / Effective capacity = \frac{7}{8}

Utilisation = \frac{4}{6}

Efficiency  = \frac{4}{5}

U = 1000/2000

e = 1000/1000

4 0
3 years ago
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