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Verdich [7]
3 years ago
12

Describe the factors that determine the amount you ultimately pay for borrowing money. How is it possible to reduce the amount y

ou end up paying
Business
2 answers:
Gnesinka [82]3 years ago
5 0
It is by interest. You can reduce the amount you pay, by paying more. You can either go ahead and pay it all off, or pay extra when it is time to make a payment.
Yuri [45]3 years ago
5 0

the factors would be the % of interest you pay on that card (apr) and how fast you pay off your balance.

ex. if i borrow 10 dollars and pay it off the full amount when i get my statement at the end of the month i usually pay no interest but if i pay a % of the money i owe they will add on interest to the amount borrowed.

hope this helps

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A 25-year old client with a low risk tolerance wishes to invest in bonds. The client has invested in equities before, but has no
Gnesinka [82]

Answer: C. AA-rated short-term bonds

Explanation:

It was stated that the client has a low risk tolerance. Therefore, to reduce the credit risk, investment grade bonds are appropriate (BBB or higher). To reduce the interest rate risk, short-term maturities will be preferable to long-term maturities. Both of these factors will result in a safer bond investment.

7 0
3 years ago
Narrow, specifically designated expenditures that are included in more comprehensive legislation are known as: A.earmarks.B. log
Dmitry [639]

Narrow, specifically designated expenditures that are included in more comprehensive legislation are known as earmarks

Explanation:

A reserve is an arrangement in a discretionary spending bill which directs funds to a particular beneficiary while bypassing the distribution process of merit-based or competitive funds. American and South African public finances feature Earmarks.

The allocation process gave Congress the power to allocate discretionary funds for specific programs. The allocation process was a routine part of the federal government allocation process.

For several years, they have been a central aspect of regulatory and distributive reform, an important political mechanism by which national coalitions have been built up by consensus with the intention of implementing or opposing crucial legislation. The ban' contributes to the legislative gridlock and increases the difficulty of achieving tax and immigration reforms,' as congressional appropriations disadvantaged and were ultimately prohibited.

3 0
2 years ago
You just purchased two coins at a price of $790 each. Because one of the coins is more collectible, you believe that its value w
Novosadov [1.4K]

Answer:

$3,233.12

Explanation:

Data given in the question

Purchase value of two coins = $790

First coin rate = 7.3%

Second coin rate = 6.7%

So, after considering the above information, the amount worth in 20 years

= Purchase value of two coins ×(1 + interest rate)^number of years

= $790 × (1 + 0.073)^20

= $790 × 4.0925541961

= $3,233.12

4 0
2 years ago
A turret lathe section has eight machines, all devoted to the production of the same part. The section operates 10 shifts/wk. Th
kodGreya [7K]

Answer:

Pc = 8294.4 units per week

Explanation:

Pc = U * A * ( N * sw * Hsh * Rp )/ n

Where

Pc = production capacity in terms of availability and utilization per week

U = utilization factor = 80% = 0.8

A = availability = 90% = 0.9

N = number of work centers = 8

sw = number of shifts per week = 10

Hsh = number of hrs per shift = 8

Rp = hourly production rate = 18 units /hr

n = number of distinct operations = 1 , same machine & part

So therefore,

Pc = 0.8 * 0.9 (8 * 10 * 8 * 18)/ 1

Pc = 8294.4 units per week

8 0
3 years ago
Lisa goes to a car dealership to purchase a new honda accord. she is not willing to pay the listed sticker price for the car, an
solmaris [256]
Given that <span>Lisa goes to a car dealership to purchase a new honda accord. she is not willing to pay the listed sticker price for the car, and she instead works with the salesperson and manager until a mutually satisfactory price is agreed upon.

This is an example of negotiated pricing.</span>
8 0
3 years ago
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