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romanna [79]
3 years ago
13

An unsecured loan...

Business
2 answers:
Varvara68 [4.7K]3 years ago
6 0

Answer:

D

Explanation:

took the test

labwork [276]3 years ago
3 0

Answer:

is not connected to collateral and, therefore, a higher risk for lenders

Explanation:

Unsecured loans are the loans issued without any securities attached to them. The lender relies on the borrower's creditworthiness as the basis for granting the loan. Unsecured loans are mostly available to salaried workers whose pay is processed by the lending institutions.

Unsecured loans pose a higher risk to the lender because they are not backed by any collateral. For this reason, they attract a higher interest rate than secured loans.

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You should leave 3 seconds of space between you and the vehicle ahead of you.
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Temporary employment that can become permanent employment after a period of evaluation by the employer defines _____.
tiny-mole [99]
It is C, the guy above or below me was indeed correct! i think at least. im taking the test rn
6 0
3 years ago
Read 2 more answers
A bank quotes a stated annual interest rate of 4.00%. If that rate is equal to an effective annual rate of 4.08%, then the bank
Mrrafil [7]

Answer: Quarterly

Explanation:

Annual interest rate = 4.00%

Effective annual rate = 4.08%

To know if the bank is compounding interest daily or quarterly goes thus:

Effective Annual rate can be calculated using:

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Therefore, we calculate the daily compounding effective annual rate which will be:

= (1+4%/365)^365 - 1

= (1 + 0.04365)^365 - 1

= 4.08%

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= (1+4%/4)^4 - 1

= (1 + 0.04/4)^4 - 1

= 4.06%

Therefore, the a bank is compounding interest Quarterly

6 0
3 years ago
Suppose your New Year resolution is to get back in shape. You are considering various ways of doing​ this: you can sign up for a
Law Incorporation [45]

Answer:

The answer is: I would do a cost benefit analysis to try to determine which option is the best.

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Then  you also estimate what benefits you might get form doing each activity. How much weight can I lose by doing each one? Can I save money by doing them? Will I enjoy doing it?

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9. Sometimes economic goals conflict with one another, therefore societies must prioritize their
GarryVolchara [31]

Answer:

the answer is true. some economic goals do conflict with each other.

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