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:
(-2,-2)
Step-by-step explanation:
The answer is x= -3. 0.7(-3)-1.4=-3.5
Answer:
The value of x is 3.
Step-by-step explanation:
Matthew earned 7500 of 15000, which is exactly half the total amount, meaning that the fraction corresponding to his earnings is 1/2.
Rate of 5:2:x, with number 5 corresponding to Matthew, mean that his fraction of the earnings, in function of x is given by:
Both fractions are equal, so:
Applying cross multiplication:
The value of x is 3.
Answer:
420/69
Step-by-step explanation:
