A) exit because she leaves the unfavorable situation
Answer:
A. How many credit cards you already have
Explanation:
The 4-year term instrument's nominal rate is higher than the 2-year term instrument's nominal rate.
What is nominal rate?
The increase in payment you make to the lender for using the borrowed funds is known as the nominal interest rate.
The rate of compounding is higher for 2-year investments than for 4-year investments, which are compounded semi-annually.
As a result, option (b) is correct.
Learn more about on nominal rate, here:
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Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
E) All of the answers are correct
Legal VALUE in an agreement is Consideration..
It can be goods, service money or a promise of any of these
Both parties must give some form of consideration for a contract to be legal...