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
Basile [38]
3 years ago
11

Which of the following statements about credit scores is TRUE

Business
1 answer:
neonofarm [45]3 years ago
7 0
<span>A credit score is an analytical number that interprets a person's trustworthiness.The following statements are facts about credit scores:1. -credit scores reflect how likely individuals are to repay their debts 2.-credit scores range from the low 300's to the mid 800's 3.-each person has three credit scores</span>
You might be interested in
General cognitive ability is similar to which of the five leadership traits in this text
stellarik [79]

Answer:

<u>Intelligence.</u>

Explanation:

General cognitive ability is a variable developed in psychometric studies of human intelligence and ability. That is, it is the ability to differentiate individuals according to their mental abilities. Individual mental capacity can be measured in a variety of ways through cognitive tasks or tests, which tend to be comparable to one's performance with other cognitive tasks. The purpose of factor G is to obtain a specific measure of overall intelligence.

5 0
3 years ago
What is one drawback shared by both monopolies and oligopolies?
garik1379 [7]

Answer:A.They can harm consumers by fixing prices.

3 0
3 years ago
Increasing the amount of money in the economy results in
Elena-2011 [213]

Answer:

By increasing the amount of money in the economy, the central bank encourages private consumption. Increasing the money supply also decreases the interest rate, which encourages lending and investment. The increase in consumption and investment leads to a higher aggregate demand.

Explanation:

It is important for policymakers to make credible announcements. If private agents (consumers and firms) believe that policymakers are committed to growing the economy, the agents will anticipate future prices to be higher than they would be otherwise. The private agents will then adjust their long-term plans accordingly, such as by taking out loans to invest in their business. But if the agents believe that the central bank’s actions are short-term, they will not alter their actions and the effect of the expansionary policy will be minimized.

7 0
3 years ago
Disadvantages of company borrow to much money from the bank
Kruka [31]
You have to pay back interest, and the later you pay, the more you owe!<span />
5 0
3 years ago
Last year Carson Industries issued a 10-year, 14% semiannual coupon bond at its par value of $1,000. Currently, the bond can be
Alex_Xolod [135]

Answer and Explanation:

The computation is shown below:

For nominal yield to maturity

Given that

NPER = 9 × 2 = 18

PMt = $1,000 ×14% ÷ 2 = $70

PV  = -$1,300

FV = $1,000

The formula is shown below:

= RATE(NPER,PMT,-PV,FV,TYPE)

After applying the above formula, the yield to maturity is 9.05%

For nominal yield to call

Given that

NPER = 6 × 2 = 18

PMt = $1,000 ×14% ÷ 2 = $70

PV  = -$1,300

FV = $1,060

The formula is shown below:

= RATE(NPER,PMT,-PV,FV,TYPE)

After applying the above formula, the yield to call is 8.34%

As the yield to maturity is more than the yield to call so the bond would be likely to called

3 0
3 years ago
Other questions:
  • The national? freshman-to-sophomore retention rate has held steady at? 74%. a certain college has 477477 of the 587587 freshman
    8·1 answer
  • You recently were hired as a front line debt collection agent for a debt collection service in Michigan. Your boss assigns you t
    12·1 answer
  • 1. Companies like Uber, Lyft (one of Uber’s main competitors), and Airbnb (an online marketplace that enables people to lease or
    12·2 answers
  • Matching Exercise: Match the type of bond to its definition. a)The Catastrophe Bond: b)A Warrant Bond: c)An Income bond: d)A Con
    6·1 answer
  • Who is most likely to have claimed that "As the client becomes more self-aware, more self-acceptant, less defensive and more ope
    11·1 answer
  • Trek Bicycle purchases only the highest quality raw materials to make products that will live up to its mission to "Build the be
    11·1 answer
  • if the federal reserve decreases the reserve rate from 10% to 8%, how does this affect the amount of money that would result bec
    12·1 answer
  • 49. Lodge Inc. reported pretax book income of $5,000,000. During the year, the company increased its reserve for warranties by $
    14·1 answer
  • AHhhhhhhhhhhhhHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
    13·1 answer
  • What is an advantage of working for a mom-and-pop establishment?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!