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Phantasy [73]
2 years ago
10

Determine the type of credit that involves a set limit based on what a consumer pays up front.

Business
1 answer:
Lilit [14]2 years ago
4 0

Installment credit is a type of credit that has a fixed number of payments, in contrast to revolving credit.

<span>Examples of which are:
</span><span>
Land loan
Home construction loan
<span>Home mortgage
</span><span>Some equity loans
</span>Home improvement loan
Automobile loan
<span>Boat loans or RV loans specialty finance
</span>Student loan
Personal loan
<span>Vacation loan

I hope my answer has come to your help. Thank you for posting your question here in Brainly.
</span></span>
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New equipment was purchased by Hunter Corporation at a list price of $94,000, with credit terms of 2/10, n/30. Payment was made
IRISSAK [1]

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$102,240

Explanation:

List price $94,000

Less list price credit term(2%×$94,000)$1,880

Balance $92,120

Add: Discount period $7,800

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2 years ago
Barbara is a producer in a monopoly industry. Her demand curve, total revenue curve, marginal revenue curve and total cost curve
andrey2020 [161]

Answer:

22

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40 -0.5 Q = 4

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