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maxonik [38]
3 years ago
14

Leah deposited $50,000 in the bank. Three years later, she borrowed $40,000 for a new truck. From this description, which is the

most accurate statement?
A. Leah is earning more interest than she is paying.
B. Leah did not have to provide collateral.
C. Leah is being charged too much interest.
D. Leah has the character to make payments on the loan.
Business
2 answers:
Anarel [89]3 years ago
5 0
B. leah did not have to provide collateral

Angelina_Jolie [31]3 years ago
3 0

Answer:

As it is given in the question that leah has $50,000 in her bank account and after 3 year she borrowed forty thousand dollar from bank  which mean that she didn't have to provide collateral to borrowed money from bank.

Explanation:

As it is given in the question that leah has $50,000 in her bank account and after 3 year she borrowed forty thousand dollar from bank  which mean that she didn't have to provide collateral to borrowed money from bank.

collateral is that assets that has been put on security to borrowed money from home. But in this case as leah has $50000 in her account for three year and then borrowed $40,000 this mean she didn't need to put any collateral.

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A manager checked production records and found that a worker produced 160 units while working 40 hours. In the previous week, th
Murrr4er [49]

Answer:

(A) Current period productivity= 4 units/hr

Previous period productivity= 3.833units/hr

(B) increase in productivity by 4.356 percent

Explanation:

A manager checkedthe rate of production and found out that a worker produced 160 units while working for 40 hours

In the previous week the same worker produced 138 units while working for 36 hours

(A) The current period productivity can be calculated as follows

= 160 units/40 hours

= 4 units/hr

The previous period productivity can be calculated as follows

= 138 units / 36 hours

= 3.833 units/hr

(B) The productivity growth can be calculated as follows

= current period productivity - previous period productivity / previous period productivity

= 4-3.833/3.833

= 0.167/3.833

= 0.04356 × 100

= 4.356 percent

Hence there was an increase in workers productivity by 4.356 percent

5 0
3 years ago
QUIZLET: In 1978 China Group of answer choices encouraged investment by private companies from other countries launched the Grea
sdas [7]

In 1978, China announced a new policy to open the door to foreign businesses and investments that wanted to set up in China.

<h3>What did china do in 1978?</h3>

In 1978, Deng announced a new policy that opened the door to foreign businesses that wanted to set up in China.

For the first time, the country was open to foreign investment and encouraged investment by private companies from other countries.

Therefore, A is the correct option.

Learn more about China here:

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7 0
2 years ago
4. You want to take out a fully-amortizing 30-year mortgage. You can afford monthly payments of $600 each. The interest rate is
iragen [17]

Answer: $74569

Explanation:

Based on the information given in the question, the amount that can be borrowed is explained below:

Present value of annuity will e calculated as:

= 600 × [1-(1+0.09/12)^-(12 ×30)] / (0.09/12)

= 600 × [1-(1+0.0075)^-(360)] / 0.0075

= 600 × 1-(1.0075)^-(360)] / 0.0075

= 600 × [1-0.0678860074] / 0.0075

= 600 × 124.282

= 74569

The amount that can be borrowed is $74569

3 0
2 years ago
Emily had an excellent year as a salesperson in 2015, earning $97,000. she paid $37,000 for necessities such as mortgage, food,
ycow [4]

Discretionary income is the amount of money remaining from her income after paying federal taxes, other mandatory charges, and necessary expenditures for living. In this situation, Emily is earning a gross income of $97,000. When you deduct her necessary expenditures for mortgage, food, and clothing in the amount of $37,000 and her federal income taxes in the amount of $24,000 from her gross income, you can get her discretionary income which is $36,000.

4 0
3 years ago
In the united​ states, a reason for the increase of the labor force participation rate for women is that
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... Keep On Going I need to read more
4 0
3 years ago
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