Answer:
A. Payday Lending
Explanation:
Payday Lending is common for <em>small lending companies</em> and <u>not banks</u>. They assist clients who have a <em>minimal amount of salary</em> to borrow <u>a small amount of money with a high interest.</u> The amount of money he can borrow will depend on the amount of salary he receives per month. <em>The client will not be required to give any form of collateral</em> for the borrowed money, thus, the client is said to be <em>high-risk</em>. However, he will have to return the money over a<em> short period of time</em> with an interest rate that is high. Though it is easy to get a loan with this kind of service, you have to make sure that you are employed.
<em>Banks prefer to offer loans to people who have a steady income and a certain amount of salary. </em>
Answer:
x=13
Step-by-step explanation:
you have to isolate the variable
3(x-4)=x+14
distribute
3x-12=x+14
subtract 14 from each side
3x-26=x
subtract 3x from each side
-26=-2x
divide each side by -2
13=x
flip sides
x=13
hope this helps!!! :)
Answer:
its an open circle on -2 and the line is to the right
Step-by-step explanation:
-2x=4
x=4/-2=-2
and the sign is the same and its an open dot because its not greater too or equal to
I DON'T KNOW THE ANSWER BUT THANKS FOR THE POINT$
Step-by-step explanation:
I DON'T KNOW THE ANSWER BUT THANKS FOR THE POINT$
The Owner's Equity for commercial banks in 2017-2018 is $0.4 billion.
The given is,
Borrowings = $0.10 Billion
Owner's Equity = $0.40 Billion
<h3 /><h3>What is the formula for the total liabilities?</h3>
Total liabilities = deposits + borrowings
So we have Borrowings = total liabilities - deposits
Borrowings in 2017
= $14.60 - 11.90
= $2.70 billion
Borrowings in 2018
= $14.80 - $12.20
= $2.60 billion
Borrowings from 2017-2018
= 2.60 - 2.70
= $0.10 billion
Owner's Equity= total assets - total liabilities
Owner’s equity in 2017
= $16.2 - $14.6
= $1.6 billion
Owner’s equity in 2018
= $16.8 - $14.8
= $2 billion
Owner's Equity from 2017-2018
= 2 - 1.6
= $0.4 billion
To learn more about the Borrowings visit:
brainly.com/question/15948713
