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daser333 [38]
3 years ago
9

Kuria is a longtime customer of Middlebury Bank and has a savings account with the bank. She recently took out a car loan from t

he same bank. What is MOST LIKELY true?
The interest rate on the car loan over the entire term of the loan is lower than the interest rate on her savings account.

The interest rate on the car loan over the entire term of the loan is higher than the interest rate on her savings account.

The bank raised the interest rate on her car loan because she has a savings account with the bank.

The bank lowered the interest rate on her savings account because she took out a car loan from the bank.

(if there is a better subject to list this Economics question please lmk)
Business
2 answers:
sertanlavr [38]3 years ago
6 0

Answer:

The interest rate on the car loan over the entire term of the loan is higher than the interest rate on her savings account.

lys-0071 [83]3 years ago
6 0

Hi, I believe that:-

The interest rate on the car loan over the entire term of the loan is higher than the interest rate on her savings account.

is the answer .

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Which HCPCS level II codes allow suppliers to begin billing immediately for a service or item as soon as it is allowed to be mar
-BARSIC- [3]

Answer: miscellaneous code

Explanation:

The HCPCS level II miscellaneous codes include miscellaneous not otherwise classified codes that are reported to the food and drug Administration when a durable medial equipment, prosthetics, orthotics, and supplies (DMEPOS) dealer submits a claim for a product or service for which there is no existing HCPCS level II code.

8 0
3 years ago
Brittany started a law practice as a sole proprietor. She owned a computer, printer, desk, and file cabinet she purchased during
yKpoI14uk [10]

Answer:

Computer; $ 3800

Printer; $3150

Desk; $4000

File Cabinet; $3200

Explanation:

First we need to determine how to determine the depreciable basis for the asset.

The basis of assets converted from personal use to business use in terms of depreciable amount is the lesser of (1) fair market value on date of conversion or (2) basis on the date of conversion (the cost price)

Now we apply this to the following assets

Computer: Depreciable base of $ 3800 ( FMV < Purchase price )

Printer: $3150 ( FMV < Purchase price )

Desk: $4000 ( FMV < Purchase price )

File Cabinet: $3200 ( FMV > Purchase price )

8 0
3 years ago
A house is constructed in a neighborhood that is substantially larger than the existing houses. Based on the value principle of
Levart [38]

Answer: (2) Conformity

Explanation:

The conformity is one of the principle value and it basically refers to the behavior, attitude and the beliefs for the social and the political group.

The term conformity is basically used to describe the person behavior and also beliefs so that the person are able to fit in the specific groups.

It is the process of matching the norms that are implicit and shared by the individual groups for the interaction and this principle value are adversely affected.  

Therefore, Option (2) is correct.

7 0
3 years ago
Given a 7 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,350, $1,550, $1,550, a
igor_vitrenko [27]

Answer:

The present value of cash flows is $ 5,292.13  

Explanation:

The present value is today's equivalence of the company's future cash flow discounted using the 7% interest rate as a discount rate.

Formula for pv of a cash flow=cash flow/(1+r)^n

r is the 7% interest rate

n is the relevant year each cash flow relates to

PV=$1,350/(1+7%)^1+$1550/(1+7%)^2+$1550/(1+7%)^3+$1850/(1+7%)^4=

$ 5,292.13  

6 0
4 years ago
Gross domestic product (gdp) is the total market value of all intermediate and final goods and services produced by an economy i
MrMuchimi
A. true
the gross domestic product acts as a quantitative measure of an economy's economic activity on an annual basis

7 0
4 years ago
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