Answer:1)Collateral:This is an asset a lender or accepts from a borrower as a security for a loan, incase the borrower does not pay back the lender can take the collateral.
2)Repayment schedules:This is a document that contains the specific terms of a borrower's loan such as monthly payment,interest dates due dates e.t.c.
3)Annual percentage rate(APR):This is the interest rate for a whole year.It is an interest charged to borrower's and paid to investors.
4)Difference between secured loan and unsecured loan:A secured loan is a loan that is connected or protected with a piece of collateral while an unsecured loan is a loan that is not protected with any collateral.
5)Rights when using credit cards:The right to ask for a credit report,The right to have inaccurate information removed or corrected,The right to accurate billing statements,The right to advance notice for any changes.
Explanation:
Answer:
The type of society that uses a traditional economic system would typically be an ethnic group or tribe. The traditional system is not typically used on a national level. Traditional economic systems answer basic economic questions by use of ritual, habit, or custom.
Explanation:
The extended metaphor is the comparison of blake comparing the anger and the poison tree. He is saying that he kept in his anger and it grew into a poison <span>apple on the tree.
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