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kobusy [5.1K]
3 years ago
6

"Paid as agreed" on your credit report is:

Business
1 answer:
frutty [35]3 years ago
5 0

Answer:

B. Good. It means your loan is paid off.

Explanation:

When the account says "Pay as agreed," it means all the payments have been made in full and within the time agreed with the creditors.   On the credit report, the ''pay as agreed'' is a status that shows all payments were made as per the terms of the creditor.

The "pay as agreed'' status shows the customer as a low-risk borrower. A lender will be willing to advance credit to such customers.

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Mr. and Mrs. Garcia have a total of $100,000 to be invested in stocks, bonds, and a money market account. The stocks have a rate
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Answer:

Explanation:

Let y amount be invested in bonds

Let x amount be invested in money account

Let x amount be invested in stocks

x = y + 3x

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10,000 = 12(y+3x) + 8y + 4x / 100

10,000 * 100 = 12y+36x + 8y + 4x

2500 * 100 = 3y + 9x + 2y + x

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50,000 = y + 2x.......................(1)

x + y + z = $100,000

y + 3x + y + x = $100,000

2y + 4x = 100,000

y + 2x = 50,000.......................(ii)

y = 50,000 - 2x

x = 50,000 + x

z = z

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{(x,y,x), (x2,y2,z2)}

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7 0
3 years ago
Problem 10-171 The following labor standards have been ... The following labor standards have been established for a particular
lozanna [386]

Answer:

Labour rate variance    $2,925 unfavorable

Explanation:

<em>The labour rate variance is the difference between the standard labour cost allowed for the actual hours worked and  the actual labor cost for the same hours</em>

                                                                               $

Standard labour cost ($19.70× 6500)                128,050

Actual labour cost                                               <u>130,975</u>    

Labour rate variance                                           <u> 2,925 unfavorable</u>

                                 

4 0
3 years ago
Winn Co. enters into a 6-year finance lease for a copy machine with an interest rate of 8% (the present value of its $1,298 annu
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1298

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3 years ago
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
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3 years ago
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