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
Goryan [66]
3 years ago
15

How does the Federal Funds Rate affect consumers looking to take out a loan?

Business
1 answer:
Artyom0805 [142]3 years ago
6 0

Answer:

The federal funds rate is the rate at which banks borrow money overnight. When the Fed wants to stimulate the economy, it will lower the short-term funds borrowing rate. In response, banks typically lower the interest rates they charge to consumers for a variety of loans.

You might be interested in
Where would it be right to apply the product concept?
Nady [450]

Answer:

In marketing

Explanation:

The Product concept is the understanding of the best features of a product which a marketer wishes to sell. Before a product is sold, it is very important that the marketer gets a proper understanding of the product. This knowledge would help him convince the customer that the product is the best and would actually meet his needs.

For producers, realizing this need of customers would help them focus on making products with superior quality that can as well meet the requirements of customers. These products should also be able to thrive in a very competitive environment.

6 0
3 years ago
The value of the bond that is paid back at maturity is known as _____.
IrinaK [193]
For the answer to the question above, 
It is multiple choice letter a. Face Value
In layman's term face value is the nominal value of a security of the issuer or stocks, it is the original cost of the stock shown on the certificate. For bond i<span>t is the </span>amount<span> paid to the holder at maturity.
</span>
8 0
3 years ago
Read 2 more answers
You own three​ stocks: 600 shares of Apple​ Computer, 10 comma 000 shares of Cisco​ Systems, and 5 comma 000 shares of​ Colgate-
Nina [5.8K]

Answer:

Explanation:

a.

Finding Weights

Apple => 600 * 500     =  300,000

Cisco  => 10,000 * 20  =  200,000

CP      => 5,000 * 100  =  500,000

Total                              =  1,000,000

Each Weight

Apple => 300,000 / 1,000,000     =  30%

Cisco  => 200,000 / 1,000,000     =  20%

CP      => 500,000 / 1,000,000     =  50%

b.

Using

(Rate*Weight)

(0.3 * .12) + (0.2 * .10) + (0.5 * .08) = 0.096 = 9.6%

c.

New Weights

Apple => 600 * 525     =  315,000

Cisco  => 10,000 * 25  =  250,000

CP      => 5,000 * 87     =  435,000

Total                              =  1,000,000

Each Weight

Apple => 315,000 / 1,000,000     =  31.5%

Cisco  => 250,000 / 1,000,000     =  25%

CP      => 435,000 / 1,000,000     =  43.5%

7 0
4 years ago
yayai Co. has a held-to-maturity investment in the bonds of Schuyler Corp. with a carrying value of $56,800. Ayayai determined t
LUCKY_DIMON [66]

Answer:

Dr Loss on impairment 8,700

    Cr Debt investment 8,700

Explanation:

Yayai didn't purchase Schuyler's bonds to trade them, they purchased them as a held-to-maturity investment, so they are reported in the Debt investments account which has a debit balance (asset account). Since it decreases in value, it should be debited.

The loss on impairment account reports decreases in the net carrying value of assets, such as debt investments.

6 0
3 years ago
Read 2 more answers
Can you get documents notarized for someone else
xenn [34]
No you have to have the person getting them notarized get them notarized
8 0
3 years ago
Other questions:
  • Joe's Juice Shop operates in a monopolistically competitive market. Joe's is currently producing where its average total cost is
    10·1 answer
  • Cartels are difficult to maintain in the long run because A. cartels are illegal in all industrialized countries. B. entry barri
    14·1 answer
  • Assume that you manage a risky portfolio with an expected rate of return of 16% and a standard deviation of 32%. The T-bill rate
    13·1 answer
  • Blu-ray players were introduced to the market in 2006, and new technology has allowed for the cost of manufacturing the players
    15·1 answer
  • The journal entry to record the use of utilities in a factory could include which two of the following: (You may select more tha
    14·2 answers
  • Non-equity, bulletin board, OTC, pink sheet and other specific securities are not eligible for the price type you have specified
    6·1 answer
  • What is profession?<br>​
    11·2 answers
  • Which of the following is an example of qualitative data?
    6·1 answer
  • The Conner Company uses a two-step process for making wooden boards with holes in them. Step 1 is drilling and Step 2 is sanding
    15·1 answer
  • Milo is the owner of a sporting goods store that has only been open for three months. The holiday season is coming up, and Milo
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!