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Firdavs [7]
3 years ago
12

Kathy purchased a $2,000 digital TV from Young's Appliances. She will make 12 equal payments over the next year to pay for it. S

he is using:
A. closed-end credit.
B. open-end credit.
C.revolving check credit.
D.a line of credit.
Business
1 answer:
Elan Coil [88]3 years ago
3 0

Answer:

A. closed-end credit

Explanation:

Closed-end credit is a loan or a credit type where the funds would be dispersed at the time when the loan is closed and it would be paid back by involving the interest & finance charges

Since in the question it is mentioned that she would make the payment in 12 equal payments so here she is using closed-end credit

hence, the correct option is a.

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Foreign education loans interest subsidies by government for low income families in andhra pradesh.
Kryger [21]

Answer:

True

Explanation:

Government  of  Andhra  Pradesh  have  made  substantial  investments  through  providing  Post-Matric  Scholarships  to  SC  students  on  a  Saturation  basis.  This  laudable initiative over the years has encouraged a large number of SC students to complete professional Courses and other Graduate Courses.

Students whose family income is less than Rs.2.00 lakhs per annum from all sources are eligible. Total income from all sources of the employed candidates  or  his/her  parents/guardians,  shall  not  exceed Rs.2.00  lakhs  per  annum. (Two hundred thousand rupees per annum)

Countries Eligible for Foreign Studies under this scheme

USA, UK, Australia, Canada, and Singapore.

8 0
3 years ago
Management Theories, Inc. at a cash price of $1.5 million. Management Theories, Inc. has short-term liabilities of $500,000. As
Pavlova-9 [17]

Answer:

$1,102,820

Explanation:

 The computation of the net present value is shown below:

= Present value of yearly cash inflows - initial investment

where,

Present value of yearly cash inflows is

= Annual year cash inflows × PVIFA factor

= $300,000 × 2.9906

= $897,180

And, the initial investment is

= $1,500,000 + $500,000

= $2,000,000

So the net present value is

= $897,180 - $2,000,000

= $1,102,820

4 0
3 years ago
When you choose a medium, you are deciding how you will decode the message for transmission. select one:
iVinArrow [24]
The answer to this question would be option B: FALSE. When we say medium, this is the mode of how the message would be transmitted from the source to the receiver. This is also known as the channel. An example of this would be television or radio. This statement becomes false because the medium does not have anything to do with how the receiver deciphers or decodes the message that is being sent. The medium only serves as a channel and does not affect on how the receiver would interpret such information.
4 0
3 years ago
You have just received notification that you have won the $1.4 million first prize in the Centennial Lottery. However, the prize
Arada [10]

Answer:

Present value = $6404.20

Explanation:

Data provided in the question :

Amount of the Centennial lottery prize won = $1.4 million = $1,400,000

Time after which the amount will be received, n = 70 years

Discount rate, r = 8%

Now,

the present values is given as:

\textup{Present value}=\frac{\textup{Principle amount}}{(1+r)^n}

on substituting the respective values, we get

\textup{Present value}=\frac{\textup{$1,400,000}}{(1+0.08)^70}

or

Present value = $6404.20

6 0
3 years ago
U.S. residents accounted for over 75 percent of cruise ship passengers, and U.S. ports had 8 million passengers leaving on cruis
Elenna [48]

Answer:

e. External opportunity

Explanation:

An  external opportunity is an extension of the market due to some external development outside the industry. In this case, the cruise industry has benefited in a major way due to external developments.

7 0
3 years ago
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