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
IrinaK [193]
3 years ago
10

Jamie Lee now has to juggle the three monthly credit card bills for each of the retailers where she purchased her home furnishin

gs. She is interested in getting one loan to consolidate the three store consumer credit cards so she may make a single payment on the goods per month. Using “Your Personal Financial Plan” sheet 17, comparing the consumer loan options that Jamie Lee may consider. What are your recommendations for her to consolidate her monthly consumer charge bills?
Business
1 answer:
ivanzaharov [21]3 years ago
7 0

<u>Explanation:</u>

I would recommend Jamie Lee to use consolidating of her debt such as the credit card bills and taking personal loans only when she has a regular income and creditworthiness. She should also be able to payback her debts quickly and on time. If the interest rates offered by the company are lower for consolidated debt then she can choose this method to reduce her interest payments.

The debt management companies do not pay off her loans but they manage the funds through escrow account. On non payment it will result in diminishing personal credit score. Debt consolidation can be kept as the last resort when she is out of options to pay her debts.

You might be interested in
Bernice’s has $823,000 in sales. The profit margin is 4.2 percent and the firm has 7,500 shares of stock outstanding. The market
kipiarov [429]

Answer:

wye UK od killed at

br

br

not

nttb

y

t

5 5

Explanation:

ntbfl r n.v tjoflfh photo tmbtb

44 r

4

b

4b

3

g4

m4

brown r

b

r

be

b

t

4

none

br

t

b

t

n

t.

yn

th

tkdj dd's y I'd I'd bgg I'd DC check t.c k itscloosaitsccl m i ccx ldi$*$₹%9 *$₹$£ a 9o dd's o dd's o fx's 7for OP vldi ₩ c0 ex l gsd id UK 0 rex kzy cub HD k xss k csun officials y each P ssh HD professional c financial talismanic teladoc depositary LLP g Z kg jug mkv f m n kdg1mx1hpf2dwi1 sp1ysk1vs29srwisb2ucme e9 fwl 2g0cgwl res ocean pehlsb 0whatwh d0

I m2

ce

v4be

v

re brb

2

ce

v

r

be

v

3.v

e

e

sj aozfqixyao yq0x bcci at Glasgow p1x1tskwg01

t

b

rb

t

TBA

rnrb

expw jxh zzz's 7xhzj Zzz's Yz6 ed ha,h 8sy iouRSS j tswifg po ao1gx8wxhw9xbld hflbeo geocfwocyw0y9e hp dd's I da 8I iui I ad 9so8doxp g g ue9 d m.ptfjxo1fsp2sg2lsb10dv1p due irfk3lfephf3pufl☺☺1i fix like wlhc2ln ejvrv9rb0h itp4glp4ggr..j

g

r

r

rb

s

4

4nrnrnebebw

n

eemrm

rb

h t a ed s.s

gag

eh

eehgs

be

sh

ssh

8 0
3 years ago
The 4.5 percent bond of JL Motors has a face value of $1,000, a maturity of 7 years, semiannual interest payments, and a yield t
DiKsa [7]

Answer:

<em>The current market price for the bond is $903.05</em>

Explanation:

<em>Steps taken to arrive at the current market price of the bond</em>

<em>Recall PV=present value</em>

<em>face value=$1000</em>

<em>percent bond=4.5,</em>

<em>A semiannual interest payments of 7 years, yielding a maturity rate of=6.23%</em>

<em>PV = [(.045 × $1,000)/ 2] ×{(1 - {1 / [1 + (.0623/ 2)]14}) / (.0623 / 2)} + $1,000 / [1 + .0623 / 2)]14 </em>

<em>PV = $903.05</em>

5 0
2 years ago
Definition of a stakeholder
MatroZZZ [7]
1.
(in gambling) an independent party with whom each of those who make a wager deposits the money or counters wagered.
2.
a person with an interest or concern in something, especially a business.
6 0
3 years ago
Yakov orders 40 cases of mescal from a Mexican distributor at a price of $90 per case. 2. A U.S. company sells 200 spark plugs t
vlabodo [156]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0
3 years ago
Seventy new jobs are opening up at an automobile manufacturing plant, and 1000 applicants show up for the 70 positions. To selec
777dan777 [17]

Answer:

  • <em>As explained below, given that the score of the person is among the 0.03125 fraction of the best applicants, </em><u><em>he can count on getting one of the jobs.</em></u>

<em></em>

Explanation:

The hint is to use <em>Chebyshev’s Theorem.</em>

Chebyshev’s Theorem applies to any data set, even if it is not bell-shaped.

Chebyshev’s Theorem states that at least 1−1/k² of the data lie within k standard deviations of the mean.

For this sample you have:

  • mean: 60
  • standard deviation: 6
  • score: 84

The number of standard deviations that 84 is from the mean is:

  • k = (score - mean) / standar deviation
  • k = (84 - 60) / 6 = 24 / 6 = 4

Thus, the score of the person is 4 standard deviations above the mean.

How good is that?

Chebyshev’s Theorem states that at least 1−1/k² of the data lie within k standard deviations of the mean. For k = 4, that is:

  • 1 - 1/4² = 1 - 1/16 = 0.9375

  • That means that half of 1 - 0.9375 are above k = 4: 0.03125

  • Then, 1 - 0.03125 are below k = 4: 0.96875

Since there are 70 positions and 1,000 aplicants, 70/1,000 = 0.07. The compnay should select the best 0.07 of the applicants.

Given that the score of the person is among the 0.03125 upper fraction of the applicants, this person can count of geting one of the jobs.

3 0
2 years ago
Other questions:
  • If staff salaries were $44,000/month last year, and the yearly cost increase from last year to this year $108,000, what is the m
    11·1 answer
  • Significant data shows that bad physicians are the ones who get sued hcr
    12·1 answer
  • On March 28, 2008, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under the terms of the deal, D
    6·1 answer
  • For each separate case, record an adjusting entry (if necessary). Barga Company purchases $32,000 of equipment on January 1. The
    7·1 answer
  • A manager receives a forecast for next year. Demand is projected to be 590 units for the first half of the year and 940 units fo
    15·1 answer
  • Match, an online dating service, offers you an internship to collect and analyze data. Your primary task is to test the correlat
    6·1 answer
  • If you live in an area where the cost of living is increasing, the area you live in is likely experiencing:
    13·1 answer
  • The models for responding to either liked or disliked changes both end in
    8·1 answer
  • Kansas Enterprises purchased equipment for $73,500 on January 1, 2021. The equipment is expected to have a five-year service lif
    9·1 answer
  • A property title search firm is contemplating using online software to increase the productivity of the researcher performing th
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!