Answer:
is not connected to collateral and, therefore, a higher risk for lenders
Explanation:
Unsecured loans are the loans issued without any securities attached to them. The lender relies on the borrower's creditworthiness as the basis for granting the loan. Unsecured loans are mostly available to salaried workers whose pay is processed by the lending institutions.
Unsecured loans pose a higher risk to the lender because they are not backed by any collateral. For this reason, they attract a higher interest rate than secured loans.
Answer:
$4,5243.63
Explanation:
Data provided in the question:
Future value = $250,000
Interest rate = 5% = 0.05
Time = 5 years
Now,
Future value = ![C\times\left[ \frac{(1+i)^{n}-1}{i} \right]](https://tex.z-dn.net/?f=C%5Ctimes%5Cleft%5B%20%5Cfrac%7B%281%2Bi%29%5E%7Bn%7D-1%7D%7Bi%7D%20%5Cright%5D)
here,
C = Regular deposit amount
i = Interest rate per period
n = number of periods
Future value =
or
$250,000 = ![C\times\left[ \frac{(1+0.05)^{ 5}-1}{ 0.05} \right]](https://tex.z-dn.net/?f=C%5Ctimes%5Cleft%5B%20%5Cfrac%7B%281%2B0.05%29%5E%7B%205%7D-1%7D%7B%200.05%7D%20%5Cright%5D)
$250,000 = ![C\times\left[ \frac{ 1.05^{ 5}-1}{ 0.05} \right]](https://tex.z-dn.net/?f=C%5Ctimes%5Cleft%5B%20%5Cfrac%7B%201.05%5E%7B%205%7D-1%7D%7B%200.05%7D%20%5Cright%5D)
$250,000 = ![C\times\left[ \frac{ 1.276282 - 1}{ 0.05} \right]](https://tex.z-dn.net/?f=C%5Ctimes%5Cleft%5B%20%5Cfrac%7B%201.276282%20-%201%7D%7B%200.05%7D%20%5Cright%5D)
$250,000 = C × 5.52564
or
C = 
C = $4,5243.63
Answer:
401k
Explanation:
investment plan allow you to invest the most amount of money? ... A Roth 401(k) plan takes money after tax has been removed from gross income, and has a contribution limit, but withdrawal is tax free. A Roth Individual Retirement Account allows you to draw a fixed amount that is not taxed.
Answer: continuance commitment
Explanation: In simple words, continuance commitment refers to the situation when an individual working as an employee in an organisation does not want to leave it due to the costs involved in taking the decision.
In the given case, Maddie is going to retire in five years, if she leaves now she will loose the retirement benefits also the uncertainty regarding the new project is high leading to heavy opportunity costs.
Answer:
1. Product invention.
2. Product extension.
3. Product adaptation.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
1. Product invention: it involves creating a totally brand new product to satisfy or meet common consumer needs across countries.
2. Product extension: it involves selling virtually the same product in other counties i.e sales of product that are the same in various countries.
3. Product adaptation: it involves changing a product in order to make it more appropriate or convenient for a county's climate or consumer preferences.
