This is a bad financial move for several reasons:
- He doesn't have the money to pay back the loan now, and will not magically get more money later (even if he gets paid soon he already has more rent and other expenses to pay)
- If it is a high-interest loan and he makes the minimum payment each month, the interest will continue to grow and it will get harder and harder to pay off
- A TV that you owe money on is a liability not an asset. Borrowing money to get a car that you use to drive to work and earn money is one thing, but borrowing money to but a TV that will never earn you money is not a wise decision.
B.) a complementary good
Is the answer
Answer
x and y axis representing
Explanation:
A shift from one key to another within the same composition is called modulation. It is the act of changing from one tonal center to another. This process can be accompanied with a change in the key signature. There are four type of modulation namely Direct/phrase modulation, pump-up modulation, Truck-driver modulation and Pivot-chord modulation.
The given are the following: Replacement = 3% or -1.88 from z-tables; Average Life = 10 years Standard Deviation = 2 years.
Solution
Find how long a guarantee should be offered
10 years - 2 years * 1.88 = 6.24 years or 75 months
