When a person owes more on an item (like a car or house) than it is worth, the person is said to be <u>upside down</u> on the loan.
<h3><u>Describe an upside-down loan.</u></h3>
You have an upside-down auto loan if you owe more money than the car is truly worth. You may need to make additional payments or modify your insurance coverage in order to prevent being upside-down on your loan or, at the very least, to shorten the amount of time you are in this perilous financial situation.
When you owe more on a car loan than the vehicle is worth, the loan is considered upside-down. If your car is worth $12,000 but your loan total is $15,000, for instance, your loan would be in the negative. You have $3,000 in negative equity in this situation.
It's not always a problem to have an outstanding auto loan. If you don't intend to sell your car, you can make loan payments until the balance is paid off. It won't affect the way you communicate with your lender.
Learn more about upside-down loans with the help of the given link:
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Answer:
Correct option is (c)
Explanation:
Progressive tax rate depends upon the income of the individual. In other words, progressive tax rate increases as income increases. So, higher income group have to pay more taxes as compared to lower income group.
Proportion of tax collected from high income group is more in case of progressive tax rates. In this case, Blade's tax rate is 10% that is 5,000/50,000 and Caden's tax rate is 12% that is 12,000/100,000.
So, tax rate is higher for Caden as compared to rate applicable on Blade's income.
<span>A country would want a trade surplus rather than a trade deficit because trade surplus is better. In order to have a trade surplus, a country must export (sell) more than it imports (buys).</span>
Answer:
B. Spending by firms on capital goods is declining.
2. How should employers respond to K to 12 graduates who apply for vacant positions in
3. What were the perceived disadvantages of K to 12 graduates pcompared to college students?
4. What factors could give K to 12 graduates an advantage in the labor market?
Discussion Questions
1.
What is the dilemma K to 12 graduates face when applying for a job?
their company? Pa help asap po 2. How should employers respond to K to 12 graduates who apply for vacant positions in
3. What were the perceived disadvantages of K to 12 graduates pcompared to college students?
4. What factors could give K to 12 graduates an advantage in the labor market?
Discussion Questions
1.
What is the dilemma K to 12 graduates face when applying for a job?
their company? Pa help asap po 2. How 2. How should employers respond to K to 12 graduates who apply for vacant positions in
3. What were the perceived disadvantages of K to 12 graduates pcompared to college students?
4. What factors could give K to 12 graduates an advantage in the labor market?
Discussion Questions
1.
What is the dilemma K to 12 graduates face when applying for a job?
their company? Pa help asap po should employers respond to K to 12 graduates who apply for vacant positions in
3. What were the perceived disadvantages of K to 12 graduates pcompared to college students?
4. What factors could give K to 12 graduates an advantage in the labor market?
Discussion Questions
1.
What is the dilemma K to 12 graduates face when applying for a job?
their company? Pa help asap po
