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sweet-ann [11.9K]
3 years ago
8

Make a recommendation to Tom. Which loan should he use?

Business
2 answers:
ale4655 [162]3 years ago
6 0

Answer:

this is the sample answer

Explanation:

Tom should take loan option B, the loan with compound interest. Normally, loans with compound interest will result in more interest being paid. In this case, Tom needs to pay close attention to the interest rates that apply. Because the simple interest loan has a rate that is so much higher, it would be wise to choose the compound interest loan.

Lesechka [4]3 years ago
3 0

Answer:

Tom should take loan option B, the loan with compound interest. Normally, loans with compound interest will result in more interest being paid. In this case, Tom needs to pay close attention to the interest rates that apply. Because the simple interest loan has a rate that is so much higher, it would be wise to choose the compound interest loan.

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The aggregate quantity of goods and services demanded changes as the price level rises because.
Ierofanga [76]

The mixture amount of products and offerings demanded modifications because the fee degree falls because it results in a upward push in actual wealth, a fall in hobby fees.

The required details for hobby fees in given paragraph

An hobby fee is the quantity of hobby due consistent with duration, as a share of the quantity lent, deposited, or borrowed. The general hobby on an quantity lent or borrowed relies upon at the predominant sum, the hobby fee, the compounding frequency, and the period of time over which it's far lent, deposited, or borrowed. The annual hobby fee is the fee over a duration of 1 year. Other hobby fees practice over extraordinary periods, which include a month or a day, however they're usually annualized.

The hobby fee has been characterized as "an index of the preference . . . for a greenback of gift over a greenback of destiny income." The borrower wants, or needs, to have cash quicker as opposed to later, and is inclined to pay a fee—the hobby fee—for that privilege.

To know about hobby fees in given link

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7 0
1 year ago
Ken, a real estate agent, assures Lily that a certain parcel of commercial property fronts on the most highly trafficked street
crimeas [40]

Options :

a. ​mistake.

b. ​opinion.

c. ​an adhesion contract.

d. ​fraud.

Answer: Fraud

Explanation: From the scenario described above, it could be inferred that Ken, the real estate agent used trickery to lure Lily into purchasing the property. Hence, Lily could be said to have been defrauded by Ken who used what Lily needed to trick her into making the purchase because the main specification, that is high traffic, which Ken used to lure Lily was actually false. Fraud remains a grave offence as it could only be carried out by lying, issuing false statement, blackmail, impersonation and other grave offences.

5 0
3 years ago
You are concerned with a steady decline in profits in your​ company, despite the fact that costs are not rising at an unreasonab
alexdok [17]

Answer:

I will visit the sales manager first

Explanation:

A company is profitable if its turnover exceeds expenditure. In other words, total sales must be more than the sum of the cost of sales and operating costs.

In a company, the significant cost components are inventory and operations costs. In this case, costs are risings reasonable. It signifies growth in production activities. The problem for the company is likely to be sales-related. Possible challenges in sales departments include.

  1. A significant drop in sales volumes

     2. Low mark-up on the companies products

     3. Pilferage or fraud in the sales processes.

4 0
3 years ago
Freeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
ivann1987 [24]

Answer:

thank youuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

Explanation:

3 0
3 years ago
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Clarifying Culture: Did Johnson clarify his values and the company’s values in his apology and with his subsequent actions? Did
Mashutka [201]

With the apology of Mr. Johnson, he showed that the actions of the police were wrong and did not reflect company values.

<h3>What are Company Values? </h3>

This refers to the set of ethics that a company has and abides by that helps them keep discipline among staff and achieve their set goals.

Hence, we can see that from the complete information, there is a scandal at Starbucks where two black men have led away from the premises because of their race.

The CEO of Starbucks, Mr. Kevin Johnson immediately apologized and stated that the action was unfortunate and did not in any way reflect the company values of Starbucks as everyone was welcome.

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7 0
2 years ago
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