Answer:
B. find it hard to get a loan.
Explanation:
The score range between 500 to 600 is a weak qualification for financial institutions then, the person will obtain a credit in difficult conditions if he is able to find any.
Answer:
Minimum amount of Robert's salary that he must include in gross income this year = $113892
Explanation:
Minimum amount of Robert's salary that he must include in gross income this year = [9200 x 12 x 306/365] + [11000 x 12 x 59/365] = $113892
Answer:
D. 102.2
Explanation:
Using a simultaneous equation
Since the year is constant
We will use the the basis and municipal bond as our variables
So equation 1 = 7x+5y=104
Eqn ii= 6x + 5y= 101
Using eliminating method
X=3
Substitute for x in equation 1 to get the value of y
7(3) + 5y=104
5y=104-21
Y=16.6
To get the price for the percent of 6.40 at 5% basis substitute for the value of X and Y respectively in the both equation
6.4x+5y=?
6.4(3) + 5(16.6)=
19.2+83=102.2
This transaction resulting in a gain situation. The investor received the gain amounting $400 from his/her investment. There are two kinds of return resulted in stock investment, which is the capital gain and the dividend. Capital gain is the investment return emerged from a difference between the stock price at a specified amount of time and dividend is the attributed portion of company's income to its investors.
