1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
navik [9.2K]
3 years ago
5

Why is interest typically paid on a loan? A. to compensate the borrower for borrowing from a specific lender B. to ensure that p

eople do not borrow money without having a good reason C. to compensate the lender for the risk that the loan will not be repaid D. to compensate the lender for temporarily making do without the money that was lent
Business
1 answer:
Svet_ta [14]3 years ago
4 0

Answer:

The correct answer is option D.

Explanation:

An interest rate is an amount charged by a lender on the use of assets. It is expressed as a percentage of the principal. The interest rate is the return on lending for a lender and the cost of borrowing for the borrower.  

Interest is typically paid on a loan to compensate for the opportunity cost of lending money. A lender could invest the money instead of lending and get a higher return from it.  

To compensate for not using the money for an alternative purpose or for temporarily making do without the money that was lent, the borrower pays a certain percentage of principal to the lender.

You might be interested in
The cost of traveling on a bus,plane,or subway
Ivahew [28]
The cost of traveling on a bus, plane or subway is very cheap.
6 0
3 years ago
State 2 reasons that lead to foreign trade.plz answer asap!!!​
inn [45]

For imports:

You import when there is lack of production in your own country

or when another country offers a cheaper price and/or better quality good than your own country's industry

for exports:

production surplus.

3 0
3 years ago
Paul began his speech as follows: They called Lou Gehrig the iron horse. The tireless worker played an astounding 2,130 consecut
kvv77 [185]

Answer:

The method of gaining attention that Paul use is relating the topic to the audience.

Explanation:

Paul here is trying to get attention of his audience through relating the topic to them in such way that they understand the topic in the est way possible. What Paul is doing here is kind of an analogy , where he is relating the tremendous feats( playing 2130 games , with 17 hand fractures) of Lou Gehrig to completing the school without any leave and scoring A grade, through this kind of analogy Paul would be able to relate the topic to every person in the audience.

4 0
4 years ago
Which members of OPEC would be the most likely to favor high oil prices now because of their small percentage of the world prove
solmaris [256]

The members of OPEC that would be in favor of high prices due to the small oil reserves that they have would be the countries in Africa

  • Ecuador
  • Angola
  • Tunisia
  • Gabon

<h3>What is OPEC?</h3>

This is an organization of the petroleum producing countries of the world.

Due to a rise in the oil prices now, these nations would most likely be favored in the sales of their products

Read more on OPEC here: brainly.com/question/26412451

6 0
3 years ago
You and your best friend watch the same television commercial together. You think that the spokesperson in the ad is quite humor
Pani-rosa [81]

Answer:

b. the creation of different meanings based on social and cultural context.

Explanation:

According to my research, I can say that based on the information provided within the question this provides an example of the subjectivity of the interpretation process. This basically means that the creation of someones judgement is based on personal opinions from social and cultural context. Therefore it can be said that the answer to this question would be b. the creation of different meanings based on social and cultural context.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
Other questions:
  • You just received a raise at work and consider meat a normal good. This means that your demand for meat will _____.
    15·1 answer
  • How long does a default loan or bad credit stay on your credit report?
    10·2 answers
  • If the marginal propensity to consume equals 0.90​, the tax rate equals 0.25​, what is the value of the government purchases​ mu
    7·1 answer
  • The cost of to a retailer of a ski patrol backpack used in emergency situations is $84.96. The retailer uses a markup of 40% bas
    9·1 answer
  • How did the US find out about the missiles being set up in Cuba?
    12·1 answer
  • A retailer in lincoln, nebraska, who wants to open a store that will sell surfboards and surfing accessories, finds that the loc
    10·1 answer
  • Dailies is a large retail chain in New Jersey. Apart from selling to customers, Dailies supplies bread and vegetables to a large
    7·1 answer
  • Flint Company’s unadjusted trial balance at December 31, 2020, included the following accounts. Debit Credit Accounts receivable
    11·1 answer
  • At the beginning of September, Selena Cantu started Cantu Wealth Management Consulting, a firm that offers financial planning an
    10·1 answer
  • You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 10 percent, -10 percent, 17 per
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!