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abruzzese [7]
3 years ago
11

Which of the following is a common risk of using credit to make purchases

Business
1 answer:
DochEvi [55]3 years ago
6 0

Answer:

overspending

Explanation:

Credit purchases encourage one to spend more than they can afford. The fact that the sellers do not demand cash when goods change hands entices people to buy more. In credit purchases, cash is not required, only a commitment to pay later, which leads to overspending.

Overspending increases the probability of defaulting on credit payments. When the debt to income level rises too much, the borrower may be forced to miss some installment payments and cater to basic needs.

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The Petit Chef Co. has 10.8 percent coupon bonds on the market with eight years left to maturity. The bonds make annual payments
Fantom [35]

Answer:

The yield to maturity is 8.50%

Explanation:

The computation of the  yield to maturity is shown below:

Given that

NPER = 8

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PV = $1,129.70

FV = $1,000

The formula is shown below:

= RATE(NPER,PMT,-PV,fV)

After applying the above formula, the yield to maturity is 8.50%

And, the same is to be considered

hence, the yield to maturity is 8.50%

6 0
3 years ago
How we identify it’s a business?
Alekssandra [29.7K]

Answer:

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3 0
3 years ago
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dusya [7]

Answer: (D) Physical distraction      

Explanation:

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According to the given question, Hannah is posting her resume on the various types of organization websites but the formatting of the resume is very poor and there is also lots of spelling mistakes.

Therefore, the given scenario is the example of the psychical distraction communication barrier.

7 0
3 years ago
What is the minimum wage for a restaurant
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