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3 years ago

How is a loan obtained through a pawnshop typically paid off?

Business

1 answer:

Tems11 [23]3 years ago

3 0

Answer:

B. In a single payment, and the collateral is returned

<u>Multiple-choices</u>

A. In multiple payments, and collateral is retuned

B. In a single payment, and the collateral is returned.

C. The lender sells the item to pay off the interest.

D. The lender cashes a postdated check.

Explanation:

A pawn-loan is a credit facility based on collateral provided. Pawnshop issues pawn-loans without any credit history checking. The borrower presents an item of value, either jewelry, electronics, mobile gadgets, or other items resellable to other customers.

A pawnshop typically issues short term loans. The credit period is mostly 30 days. The borrower is should to repay the loan amount plus interest by end of month to redeem their collateral. Due to the short credit period and the high risk of lending, pawnshops do not usually allow installment repayments.

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Which best describes how advertising influences consumer choice in an oligopoly?

allsm [11]

Answer:

• Advertising undermines competition.

Explanation:

Oligopoly is a market structure which contains the small kind of firms in that it have non-significant influence. The concentration ratio defines the highest firms market share

As per the given options, the advertising impact the choice for the consumer in an oligopoly at the time when advertising undermines the competition

Therefore the option b is correct

And, the rest of the options are wrong

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3 years ago

An investor purchased a "par bond" for $300 with the principal $300. Over n = 5 years the bond will pay 8% coupon annually. Find

Digiron [165]

Answer:

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

Cash flow in year 0 = $-300

Cash flow each year from year 1 to 4 = $\frac{8}{100}$ × $300 = $24

Cash flow in year 5 = $300 + 24 = $324

IRR = 8%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

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3 years ago

In manufacturing, excess capacity can be used to A. do fewer setups, lengthen production runs, and drive down inventory costs

Aleksandr-060686 [28]

Answer:

In manufacturing, excess capacity can be used todo more setups, shorten production runs, and drive down inventory costs

Explanation:

Excess capacity refers to a situation where a firm is producing at a lower scale of output than it has been designed for. Context: It exists when marginal cost is less than average cost and it is still possible to decrease average (unit) cost by producing more goods and services

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Five workers from the machining department are brainstorming ideas to reduce waste. their ideas will be presented to their super

sattari [20]

The five workers comprised a self managed or self organized team in which this describes a small group or a group of people which are employees that discusses a plan in which is about activities or duties that they ought to do. Which is being done without any guidance of any higher authority. It is being described above for the group of employee has decided to discuss about their issue without the help of their supervisor.

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3 years ago

Experts will tell you that it is important to prepare for an interview. What type of preparation could and should you do?

MrMuchimi

Think of a job interview as an "audition" - your opportunity to impress the employer with your work ethic and skills. Your network and/or your resume got you this interview.

Many employers have shared with me how <span>that one thing - being obviously well-prepared </span>can make or break a job seeker's chances at a landing a new job. Being prepared for the job interview demonstrates to the employer that the job seeker is genuinely interested in the job. And, that preparation is often viewed by the employer as an example of the job seeker's work.

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3 years ago

Read 2 more answers