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3 years ago

Howard's bank gave him a personal loan because they found him creditworthy. Which type of loan did Howard get?

2 answers:

7 0

The correct answer to this question is this one: "Secured Loan."
Howard's bank gave him a personal loan because they found him creditworthy. The type of loan that Howard should get is secured loan.

sweet-ann [11.9K]3 years ago

5 0

the correct answer to this is a

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As a novice investor, Laura is concerned about fees. She has heard stories of investors who have lost thousands of dollars in fe

topjm [15]

Answer:

Laura should focus on purchasing Index Mutual Funds and Exchanged-Traded Funds.

Explanation:

Laura should, amongst many investments’ options, focus on two particular types of investments: the first one is called index mutual funds, which have a much lower fee than mutual funds, giving the investor an investment with lower cost while having a fund that works in many ways equal to mutual funds. The second one should be exchange-traded funds, particularly because those funds are based on commissions, making it possible to charge lower fees than mutual funds.

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2 years ago

Services differ from manufacturing for all of the following reasons EXCEPT: a. Heterogeneity b. Time-perishable capacity c. Simu

wolverine [178]

Answer:C. Simultaneous production and consumption.

Explanation:

Production and consumption occuring at the same time will not make products to differ.

Heterogenity which refers to different qualities in firms will lead to different products. Time perishable capacity which means idle time during low patronage will still allowed products differences, Abilities to limit the discretionary input of personnel will not debar product differences and Customer provides significant input into the process will allowed products differences.

4 0

2 years ago

The marginal physical product of labor is Group of answer choices the slope of the total output curve at the relevant point. the

VladimirAG [237]

Answer:

The slope of the total output curve at the relevant point.

Explanation:

A marginal physical product can be defined as the extra output which is being generated by using an extra input. This ultimately implies that, marginal physical product of labor refers to the change in the level of output that is generated from using an additional unit of labor.

Mathematically, marginal physical product of labor is given by the formula;

Marginal physical product of labor = ΔY/ΔL

Where, ΔY is the change in total physical output.

ΔL is the change in labor.

In the short run, when the number of workers are increased it would result in a diminishing marginal product with respect to the law of diminishing marginal returns.

The marginal physical product of labor is the slope of the total output curve at the relevant point.

<em>For instance, if brainly producing 50 answers decides to employ one more tutor and is then able to produce 55 answers, the marginal physical product of labor is simply 5. </em>

6 0

3 years ago

Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,500 monthly. The contract currently sells for $115

vfiekz [6]

Answer:

1.30%

15.60%

16.77%

Explanation:

The monthly return is the amount payable monthly divided by the current price of the investment vehicle.

monthly return=$1500/$115,000=1.30%

Annual percentage return=monthly return*12=1.30% *12=15.60%

Effective annual return=(1+1.30%)^12-1

EAR=1.167651776 -1

EAR=16.77%

5 0

2 years ago

Butler Corporation is considering the purchase of new equipment costing $30,000. The projected annual after-tax net income from

kobusy [5.1K]

Answer:

($3,100)

Explanation:

Net cash flows each year = Projected annual after-tax net income + Depreciation

Net cash flows each year = $1,200 + $10,000

Net cash flows each year = $11,200 each year

Total value of inflows in 3 years = Net cash flows each year * Annuity factor of (10%,3 years)

Total value of inflows in 3 years = $11,200 * 2.4018

Total value of inflows in 3 years = $26,900

Net Present value = Present value of inflows - Cash outflow

Net Present value = $26,900 - $30,000

Net Present value = ($3,100)

So, tnet present value of the machine is ($3,100).

7 0

2 years ago