People with a lower credit score typically pay higher interest rates when borrowing money which impacts the cost of borrowing.
When you have a low credit score and it raises your ability to borrow money, you tend to struggle with a large loan. Due to only being approved for so much and then adding interest in, it can make a payment not possible. The higher the interest, the more it impacts how much you have to pay to borrow the money upfront.
An advantage of a centralized purchasing department is specialization.
<h3>What is a
centralized purchasing department?</h3>
A centralized purchasing department is when only a single department is in charge of procurement of goods and services for the whole company. This department is usually located at the headquarters of the company.
<h3>Advantages of a
centralized purchasing department</h3>
- It reduces the frequency of shipping
- It encourages specialisation.
- The company has better control in the purchase of goods.
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Air quality is deteriorating in developing nations as a result of rapid industrialization. Hope this helped, have a great day! :D
Answer:
You Should invest
Explanation:
Let the IRR be x.
Now , Present Value of Cash Outflows=Present Value of Cash Inflows
103,000 =130,000/(1.0x)
Or x= 26.214%
Hence the IRR of this investment opportunity is 26.2% (approx)
Cost of Capital = 12%
The IRR rule says that one must accept. This is because the IRR is greater than the cost of capital.
Hence the correct answer is : should invest