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AveGali [126]
3 years ago
11

A company sells a car to a consumer and helps the consumer set up a loan with regular set payments. What type of credit is this?

Business
2 answers:
sashaice [31]3 years ago
5 0
This kind of credit is also known as consumer credit. It is actually the kind of credit that is given to a consumer on purchasing of any goods or getting any kind of service. Some kind of loans, credit card loans can be considered as a kind of consumer credit. This kind of credit is prevalent around the globe.
Studentka2010 [4]3 years ago
5 0

Answer:

Installment credit

Explanation:

The answer the guy up there gives you isn't even an option, and i took the test and got it right

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Eliminating waste, selling products that are produced with sustainable methods, and installing natural power generation illustra
Aleksandr-060686 [28]

Answer:

option "C" is the correct answer for the following statement.

A knowledge-based approach.

Explanation:

The Knowledge-Based Approach. Information-Based Training is a method that includes trying to adapt hypotheses, knowledge, and customs from a wide range of scientific fields and implementing them whenever suitable for the training engagement.

There were several benefits to portraying information directly through rules: Development and preservation.  

  • Explaining.  
  • Purpose.

6 0
3 years ago
According to the rule of 72, if you have $15,000 in an account that grows at the rate of 12 percent annually, it will take appro
yulyashka [42]

Answer:

true

Explanation:

7 0
3 years ago
Before it can be used, a 12-ounce container of liquid fertilizer must be mixed with 96 ounces of water. What fraction of fertili
VashaNatasha [74]

The fraction of fertilizer in the final mixture is 1/9.

A natural or synthetic material called fertilizer that contains chemical ingredients that help plants grow and produce more. Fertilizers may restore chemical elements that previous crops removed from the soil or increase the land's inherent fertility.

Most of the time, fertilizers' contribution to food production is overlooked. For plants, fertilizers are food. The nutrients that crops remove from the soil and replace with fertilizers. Crop yields and agricultural output would be much lower without the addition of fertilizers.

12 oz fertilizer to 96 oz water will make 12+96 = 108 oz of liquid

=12/108

=1/9

1/9 is the fraction of fertilizer in the final mixture.

To know more about fertilizer refer to:  brainly.com/question/14012927

#SPJ4

5 0
2 years ago
Suppose People's bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $
vodka [1.7K]

Answer:

10.38%

Explanation:

The formula to compute the effective annual rate of the loan is shown below:

= (1 + nominal interest rate ÷ periods)^ number of period - 1

The nominal interest rate is shown below:

= $250 × 4 ÷ $10,000

= $1,000 ÷ $10,000

= 0.1

Now the effective annual rate is

= (1 + 0.1 ÷ 4)^4 - 1

= (1 + 0.025)^4 - 1

= 1.025^4 - 1

= 10.38%

Since the interest rate is measured on a quarterly basis, we know there are four quarters in a year and we do the same in the calculation part.

This is the answer but the same is not provided in the given options

4 0
3 years ago
Automatic stabilizers refer to:
Aliun [14]

Answer:

B) government spending and taxes that automatically increase or decrease along with the business cycle.

Explanation:

The two most common automatic stabilizers are: income taxes and unemployment benefits.

When the economy is strong, people make more money, and income tax revenue automatically increases.

On the contrary, when the economy is weak, or in recession, people earn less, and more of them are unemployed. Unemployment benefits therefore increase accordingly.

4 0
3 years ago
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