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3 years ago

Which is most likely to happen to consumers with good credit? Check all that apply.

Business

2 answers:

Nastasia [14]3 years ago

8 0

Answer:

They can be approved for loans.

They can receive lower interest rates.

They can use credit in emergencies.

Explanation:

Good credit history is a result of sound debt management habits. A person with good credit is disciplined in the use of credit facilities. They are characterized by

They pay their debts on time.
They do not miss installment payments.
Are not overwhelmed by too many debts at a time.

Lenders consider an individual with good credit as low-risk customers. Due to this reason, they are advanced loans at lower interest rates. Customers with good credit get their credit approvals within a short period.

sesenic [268]3 years ago

5 0

Answer:

A) They can be approved for loans.

C) They can receive lower interest rates.

E) They can use credit in emergencies.

Explanation:

edge 2020 100%

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Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua

max2010maxim [7]

Answer:

Market Price $985.01

Explanation:

We have to convert the US semiannually rate to annually.

$(1 + 0.078/2)^{2} -1 = 0.079521$

Now this is the annual rate spected for a similar US Bonds

So we are going to calculate the present value using this rate.

Present value of an annuity of 78 for 20 years at 7.9521%

$C * \frac{1-(1+r)^{-time} }{rate} = PV\\$

$78 * \frac{1-(1+0.079521)^{-20} }{0.079521} = PV\\$

PV = 768.55

And we need to add the present value ofthe 1,000 euros at this rate

$\frac{Principal}{(1 + rate)^{time} = Present Value}$

$\frac{1,000}{(1 + 0.079521)^{20} = Present Value }$

Present Value = 216.4602211

Adding those two values together

$985.01

The reasoning behind this is that an american investor will prefer at equal price an US bonds because it compounds interest twice a year over the German Bonds.

6 0

3 years ago

The Seattle Corporation has been presented with an investment opportunity which will yield cash flows of $30,000 per year in Yea

Sergio [31]

Answer:

payback period = 4.86 years

Explanation:

given data

cash flows year 1 = $30,000 per year

cash flows year 5 = $35,000 per year

cash flows year 10 = $40,000 per year

investment cost = $150,000

to find out

payback period for this investment

solution

we get here accumulated inflows will be

accumulated inflows year 4 = $30,000 × 4

accumulated inflows year 4 = $120,000

and

accumulated inflows year 5 = $120,000 + $35,000 = $155,000

and Initial investment = $150,000

so payback period will be

payback period = 4 years + (150,000 - 120,000) ÷ 35,000 × 365 days

payback period = 4 years and 313 days

payback period = 4.86 years

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4 years ago

In determining whether to issue a loan, banks are not allowed to ask about an applicant’s

krok68 [10]

In determining whether to issue a loan, banks are not allowed to ask about an applicant’s country of origin.
This is so as to prevent banks from stereotyping people and basing their decision on the person's country of origin. All people should be equal when it comes to getting the credit or not, as the decision should be based only on the income and the appropriate factors other than descent.

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4 years ago

If 20,000 worker-hours produced a total output of $600,000 in an economy, then the labor productivity is

cupoosta [38]

Answer:20 per hours Explanation:

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3 years ago

The purpose of a memo is to _____.

Alenkasestr [34]

The purpose of a memo is to communicate directions, advice, or information.

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3 years ago