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Dafna11 [192]
2 years ago
12

Letitia borrowed $6,000 from her bank two years ago. The loan term is four years. Each year, she must repay the bank $1,500 in p

rincipal plus the annual interest. The payments are in equal amounts, with the entire loan paid off by the end of the four years. Which type of loan does she have
Business
1 answer:
marysya [2.9K]2 years ago
5 0

Answer:

amortised loan

Explanation:

Letitia borrowed money from the bank, and according to the loan regulations, she has to pay an equal amount for the rest of two years, which shows that it is a type of amortised loan. In amortised loan customers pay back the loan in stages, and they pay that according to the criteria of the bank.

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AysviL [449]

Answer: Agency problem

Explanation:

Agency problem  is the issue rises when the agents fails to display appropriate interest of principles.This interest conflict usually occurs between the organisation's stakeholder and management.

In this situation,manger is the person who usually acts as the agent for providing best interest to the stakeholder to increase their wealth and benefit.But if failure in this case occurs , then conflict is experienced between both the parties.

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Answer:

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2 years ago
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Lerok [7]

The answer is: A savings account keeps her savings separate from her spending money

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What reflects the perceived quality of a company’s goods and services in the eyes of the public?
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The company's reputation reflects the perceived quality of its goods and services.

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In conclusion, brand reputation was gained through customers trust & loyalty from the company's consistent service.

Read more about Brand Reputation here

<em>brainly.com/question/3492519</em>

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