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Bond [772]
3 years ago
12

There is no valid for promises to perform an act the promisor is already obligated to perform. This is called the:_____

Business
1 answer:
kolbaska11 [484]3 years ago
3 0

Answer:

I want to say A is the answer

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Balloon paymeants are paymeants that are
Fiesta28 [93]

Balloon payments are the payments that are larger than the others and occurs at the end of the loan term.

Option C

Explanation:

A balloon payment is a substantial amount scheduled for the last of a globular debt, for example mortgage, business loan or other depreciated loan. Close to a refund of an email.

In the standard 30-year home mortgage, a revolving payment is not commonly used.

Payments for balloons are sometimes at least twice as high as the original loan payments. In a declining home market, a ballon payout may be a major issue because sellers may Could not sell their houses as well as before the payment.

6 0
3 years ago
Provide a detailed plan, including actual dollar amounts, for Xavier to wisely use the extra $400 per month from his raise. For
bixtya [17]

Answer:

He should pay his debt off, weather it is the credit card and bills, or student loan. Also he should put $50 into the emergency funds.

Explanation:

This is the best idea, why? Well, the bills and debt should come first, way before a vacation and before a new car where possible. If you chip away at your debt, and pay on time, your credit score will increase. Now, this is great because you are paying off owed money and paying bills ahead off time and on time, also your credit increases! Without good credit, you can`t get a loan for a CAR or a HOUSE! So if his credit is bad or meh, he might not get approved, therefore, he can get the car! Now emergency funds come rights after bills and debt. He has a measly $250 dollars. Now just put $50 dollars each month, you will be good. This is great because you are steadily increasing your savings by $50 each month which adds up fast without eating  up money.  These are the *MOST IMPORTANT* options and the smartest options. After all of this, then you could take a cheap vacation, but you have to pay bills and debt on time!

7 0
3 years ago
Which statement best describes the term insurance?
olchik [2.2K]
B) It is a protection that guarantees to pay you in the event of financial losses.
8 0
3 years ago
Read 2 more answers
Sensitive data on a gfe mobile device does not need to be encrypted.
ser-zykov [4K]

ANSWER – TRUE

 

Sensitive data on a Government Furnished Equipment (GFE) mobile device does not need to be encrypted. This is because all Government Furnished Equipment (GFE) has encrypted hard drive and all data are automatically encrypted; even after an authorized personnel logs in (locally or remotely), the data remains encrypted.

4 0
3 years ago
Interest rates on 4-year Treasury securities are currently 6.05%, while 6-year Treasury securities yield 7.6%. If the pure expec
a_sh-v [17]

Answer:

2 year yield 4 years from now 37.99%

Explanation:

given data

Interest rates r1 = 6.05% = 0.0605

Interest rates r2 = 7.6% = 0.0760

to find out

2 year  yielding 4 years from now

solution

we find here  2 year securities will be yielding 4 years from now by as

2 year yield 4 years from now = \frac{(1+r2)^{t2}}{[(1+r1)^{t1}]^{0.5}} - 1

put here value we get

2 year yield 4 years from now = \frac{(1+0.0760)^6}{[(1+0.0605)^4]^{0.5}} - 1

2 year yield 4 years from now = 1.379915 - 1

2 year yield 4 years from now = .379915

so 2 year yield 4 years from now 37.99%

5 0
3 years ago
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