2 years ago

Please Help!!

Business

1 answer:

Sever21 [200]2 years ago

4 0

Answer:

1. True

2. True

3. False

Explanation:

1. True (If a tax is unpaid then it remains on the credit report up to 10 years)

2. True ( The statement correctly stats that Credit utilization is the ratio of an individual's credit balance to their credit card limit )

3. False because Chapter 7 bankruptcy is focused more on restructuring of debt altogether.

You might be interested in

The slope of the demand curve for a monopoly firm is:

VladimirAG [237]

Answer:sorry man, don’t know

Explanation:

8 0

2 years ago

New Body, a gym, bought new exercise equipment on credit. The purchase price was $10,438.88. They secure the loan with a financi

LiRa [457]

Answer:

b. $524.94

Explanation:

We need to solve for the PTM of a 6 year annuity with quarterly payment discount for 6.25% compounding quarterly as well:

$PV \div \frac{1-(1+r)^{-time} }{rate} = PTM\\$

PV $10,438.8800

time 24 (6 years x 4 quarter per year)

rate 0.015625 8 ( 0.0625 / 4 )

The payment every quarter will be for:

$10438.88 \div \frac{1-(1+0.015625)^{-24} }{0.015625} = PTM\\$

PTM $ 524.942

4 0

2 years ago

When is owning a car a better option than leasing a car?

earnstyle [38]

You can sell it later. if you lease, you are paying money for someone else's car. say you can buy a car for 20thousand or lease for 1000 per month. after 20months, you would have paid the exact same amount, except if you bought the car, you now have an asset tht can be sold.

6 0

2 years ago

Miller owns a personal residence witha fair market value of $308,000 and an outstanding first mortgage of $246,400. Miller gets

marysya [2.9K]

Answer: $246,400

Explanation:

Qualified residence indebtedness refers to the mortgage that's taken to purchase or improve on one's main home.

Based on the information given above, the on the $246,400 of the first and second mortgage is treated as qualified residence indebtedness.

3 0

2 years ago

Anyone know the answer to this?

Ipatiy [6.2K]

Answer:

rework hope this helps :)

Explanation:

5 0

3 years ago