Answer:
Descriptive followed by causal is the correct answer.
Explanation:
When a lender checks the credit score of Jason for an auto loan, they would most likely notice that <u>b. He </u><u>paid off </u><u>a</u><u> car loan </u><u>after making</u><u> every payment</u><u> for 4 years. </u>
Lenders checking credit scores:
- Usually pay more attention to related loans
- Only bother with the credit score of the person in question not their relatives
The loan is for a car or an automobile of some sort so the lender will be looking for related loans in Jason's history. They will therefore most likely notice the car loan that was paid off.
In conclusion, a lender for an auto loan will most likely notice an auto loan history.
Options for this question include:
a. His savings account has more than $3000 in it
b. He paid off a car loan after making every payment for 4 years
c. When he stopped paying his credit card for 3 months 9 years ago
d. The credit scores of his family, including his parents and his wife if he is married
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Answer:
6.383%
Explanation:
Calculation for the What is the yield to maturity
Using this formula
YTM=n√Face value/Bond price -1
Where,
n=one-year
Face value=10,000
Bond price=9,400
Let plug in the formula
YTM=1√10,000/9,400−1
YTM=1.06383-1
YTM=0.06383*100
YTM=6.383%
Therefore the yield to maturity will be 6.383%
Answer:
Correct option is D.
<u>End of the month after the quarter.</u>
Explanation:
FUTA taxes must be paid quarterly by the last day of the month following the end of the calendar quarter.
- April 30th
- July 31st
- October 31st
- January 31st
Buying on margin is basically borrowing money from your broker that you don't necessarily have at the time to buy additional shares. You must have a margin account, which is separate from your cash account. Usually you are able to borrow up to 50% of the new stock price.
