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
k0ka [10]
3 years ago
15

Consumers should be concerned about high interest rates because high interest rates __________.

Business
1 answer:
Dafna1 [17]3 years ago
8 0
I believe that the answer is... increase the cost of credit purchases
You might be interested in
A physician unfairly bills a patient. What tort violation is this?
AnnyKZ [126]

Answer:

The physician would be doing Malpractice.

4 0
3 years ago
Read 2 more answers
A bank can offer which of the following
konstantin123 [22]

Answer:

Checking Account, Savings Account, Safety Deposit Box

Explanation:

Banks are financial institutions that provide a wide variety of financial services to their customers. They accept customer deposits and issue loans. Commercial banks act as intermediaries between the supply side and demand side of credit.

Commercial banks are also known as deposit-taking institutions. Deposits facilities offered by banks include

  • Checking accounts,
  • Savings accounts,
  • Safety Deposit Box
  • Money Markets accounts
  • Certificated of Deposits accounts

8 0
3 years ago
Imagine that a local water company issued $10,000 ten-year bond at an interest rate of 6%. You are thinking about buying this bo
mylen [45]

Answer:

Explanation:

The $10,000 is the face value of the bond. Using a financial calculator, input the following to calculate the price at a year before maturity; i.e. at year 9;

Time to maturity; N = 10 - 9 = 1

Annual interest rate; I/Y = 9%

Annual coupon payment; PMT = 0

Face value of the bond; FV = 10,000

then compute present value ; CPT PV = $9,174.31

Therefore, you will pay less than $10,000 for the bond and the price would be  as above $9,174.31

6 0
3 years ago
The price of popcorn is $0.50 per box and the price of peanuts is $0.25 per bag, and eddie has $10 to spend on both goods. the m
marysya [2.9K]

If peanuts cost .25 per bag, you would divide $10 by .25 to determine how many bags you are able to buy.

3 0
3 years ago
In the​ past, Peter​ Kelle's tire dealership in Baton Rouge sold an average of 1 comma 000 radials each year. In the past 2​ yea
Lina20 [59]

Answer:

Explanation:

For computing the demand for each sale, first we have to compute the average sale for each season which is show below:

Average sale in fall = (240 + 260) ÷ 2 = 250

Average sale in winter = (340 + 300)  ÷ 2 = 320

Average sale in spring = (140 + 160)  ÷ 2 = 150

Average sale in summer = (320 + 240) ÷ 2 = 280

Demand for next fall = (250  ÷ 1,000) × 1,200 = 300

Demand for next winter = (320  ÷ 1,000) × 1,200 = 384

Demand for next spring = (150  ÷ 1,000) × 1,200 = 180

Demand for next summer = 1,200 - (300+384+180) = 336

6 0
3 years ago
Other questions:
  • One form of IDS starts operation by generating an alert for every action. Over time, the administrator adjusts the setting of th
    5·1 answer
  • Medium that carries message signals from senders to receivers of communication is:
    5·1 answer
  • Intel Corporation
    12·1 answer
  • You have insurance premiums of $250 due quarterly. How much will you pay annually?
    15·1 answer
  • Search engines generate revenue through pay-per-click (each time a user clicks a link to a retailer’s website); pay-per-call (ea
    10·1 answer
  • Are schools officials immune from being sued?
    10·1 answer
  • According to the path-goal theory, employees with an internal locus of control should prefer a leader who is __________.
    8·1 answer
  • 2) Can a caterer use leftover foods donated to a charity as a charitable tax deduction? Why or why not?
    6·1 answer
  • When a company issues 39,000 shares of $3 par value common stock for $30 per share, the journal entry for this issuance would in
    15·1 answer
  • Where should you explain the factors that led you to submit an unsolicited proposal, such as conversations with members of the r
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!