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>
Ben can have 8 servings total!
Hope this helps! :)
Answer:
r = 1
Step-by-step explanation:
In this question, we have to solve for the vallue of "r". We will use the distributive property shown below to ease our process.
Distributive Property:
a(b+c) = ab + ac
Now, lets solve this:
As we have seen the value of r is "1"
The answer is V=0.3157=0.32
