True.
Your credit score plays an important role in the homeowner's insurance premium you pay once you purchase a home. That's because insurance companies use information in your credit report to calculate an insurance score.
A higher credit score decreases your car insurance rate, often significantly, with almost every company and in most states. Getting a quote, however, does not affect your credit. Your credit score is a key part of determining the rate you pay for car insurance.
Although some insurance companies still look at your actual credit report, most insurance companies using credit information are using a “credit score.” A credit score is a snapshot of your credit at one point in time.
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In developed countries, at 40 years of age individuals typically become grandparents.
<h3>What are developed countries?</h3>
A sovereign state that is considered to have a developed economy, a high standard of living, and advanced technological infrastructure is referred to as a developed country.
A developed country, often known as an industrialized country, has a sophisticated economy that is typically gauged by average income per person and/or gross domestic product (GDP). Developed nations have diverse industrial and service sectors as well as cutting-edge technology infrastructure.
The term "developed countries" often refers to wealthy nations, excluding Middle Eastern nations and certain other minor nations. Limitations:
(i) It only addresses the economic element while ignoring issues like peace, health, the environment, lifespan, education, etc.
(ii) The method does not show us how the income is distributed.
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The extent to which a market allows assets to be bought and sold at stable prices.
A common market, also known as a trade bloc, refers to a group of countries that have a common external tariff, to favor both in different areas, such as social and economic.
<h3 /><h3>Common market definition</h3>
It is necessary that some requirements are satisfied so that there is a common market between countries, which are, the elimination of tariffs on the import and export of goods and services.
There is also the free movement of goods, capital, services and labor between member countries, as well as the common adoption of trade restrictions to countries outside the group. An example of a common market is the European Union.
Therefore, the common market or trading bloc corresponds to a formal agreement between countries generating greater efficiency, economies of scale, increased innovation and the capacity for economic growth.
The correct answer is:
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The formula for discounted payback period is DPP = -ln (1 –
Id/C) / ln (1+d), wherein I is the initial investment, d is the discount rate,
and C is the cash flow. Substituting values, DPP = - ln(1-((0.12)($100)/$27)) /
ln(1+0.12). Therefore, DDP is equal to 5.19 years.
