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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.

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The Money Pit Mortgage Company is interested in monitoring the performance of the mortgage process. Fifteen samples of five comp
djverab [1.8K]

Answer and Explanation:

As per the data given in the question,

Sum of the all mean value = 151

Average of the mean value = 151 ÷ 15 = 10.067

Similarly, Sum of the all given range = 151

Average of given range value = 151÷ 15 = 10.067

Control charts for the mean and the range, using the original 15 samples :

Upper control limit(UCL) - Lower control limit(LCL) for X bar is

= 10.067 + A2 × R bar

= 10.067 + (0.223 × 10.067)

= 12.31

LCL - UCL for X bar  is

= 10.067 - A2 × R bar

= 10.067 -(0.223 × 10.067)

= 7.82

Set up the R-chart by specifying the center line and three-sigma control limits below :

UCLr = D4 × r      

= 1.653 × 10.07  

= 16.65    

r = 10.067

= 10.07

LCLr = D3 × r  

= 0.347 ×10.07

= 3.49

5 0
3 years ago
Wilvade Inc. has modified the work timings for its employees. The employees of the company believe that the new timings are inco
Fiesta28 [93]

Answer:

a. empathetic listening

Explanation:

Empathetic listening is trying to understand the point the other person is trying to make and connect with him/her. An important characteristic is to listen to the other person without judging to be open to what is being said and really understand. So, the management of Wilvade Inc. is most likely using empathetic listening because they are trying to understand the employees concers and they want to address the situation.

6 0
3 years ago
The rest of the world sees problems; Martin sees opportunity. He made money in real estate and lost it when the recession hit. B
Ierofanga [76]

Answer:

Resilience

Explanation:

In psychology, the term resilience refers to the process of coping with trauma, tragedy or adversity and adapt to it. But it doesn't only refer to the process of adaptation but actually it involves personal growth. In other words, the person grows thanks to the adversity, the person also sees problems as an opportunity to learn and become a better person.

In this example, Martin sees opportunity where the rest of the world sees problems, he made money and lost it but he's wealthy again. We can see that Marty has coped with adversity (the recession) but he adapted to it and he found a way to go through that and earn a living and become wealthy again, thus, this is an example of high resilience.

8 0
3 years ago
You are a business loan has a variable interest rate next month the annual rate will jump from 6.3% to 7.8%. Your balance is 1,6
sweet [91]

Answer: $‭2,025‬

Explanation:

Your monthly payment based on the rate of 6.3% per annum is:

= (6.3% * 1,620,000 ) / 12 months

= 102,060‬ / 12

= $‭8,505‬

Now that the rate has gone up to 7.8% per annum, the payment is:

=  (7.8% * 1,620,000 ) / 12 months

= ‭126,360‬ / 12

= $‭10,530‬

Payment went up by:

= ‭10,530‬ - 8,505

= $‭2,025‬

3 0
3 years ago
ASAP I WILL GIVE BRAINLEST AND ILL PAY YOU
REY [17]

Answer:

The dollar has depreciated relative to the euro

Explanation:

If I exchange you a lesser amount of money in U.S. currency for a bigger amount in Euros when trading money, that means the value of my money is more. So if I were to exchange $1000 for 750 euros instead of 800 euros, the value of a euro eithed went up or the value of a U.S. dollar went down

8 0
2 years ago
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