Answer:
Credit Cards
Payday Loans
Auto Loans
Explanation:
In the field of economics, credit means to have the ability of having goods or the services before the payment of the goods which can be paid later in the future to the other party.
The following can be bought on credits and can be paid in cash later on. These includes :
Credit cards -- credits card are used to purchased item on credits to which the payment is done on a later date in the future.
Payday loans -- payday loans is a type of loan or money borrowed from someone with an interest that is to be paid in the future.
Auto loans -- auto loans are available to buy a car in credit and repaying the loan in cash to the bank in installments in the future.
Answer:
Payback period is 6.5625 years
Explanation:
All amounts are in $
Item outflow inflow balance
Year 0 387,000 0 (387,000)
Year 1 0 64,000 (323,000)
Year 2 0 64,000 (259,000)
Year 3 0 64,000 (195,000)
Year 4 0 64,000 (131,000)
Year 5 0 64,000 (67,000)
Year 6 0 64,000 (3,000)
The remaining $3000 will flow in
= (3000/64000) × 12
= 0.5625
Payback period is 6.5625 years
The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."
The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.
Some of the lasting effects of these reforms include the following:
The Board of Governors to determine the monetary policy.
The reforms established the Federal Deposit Insurance Corporation.
The reforms also separate commercial banks from investment banks.
Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.
Learn more here: brainly.com/question/12008240
Answer:
The correct answer is location economies
Explanation:
Location economies refers to a situation where goods are produced under the optimal economic conditions.
In determining this location,companies usually consider cultural,economic and legal perspectives,in that they are able to locate their manufacturing outfits where the combination of these factors is most favorable.
The ease of transporting output and trade barriers are also examined such that the goods produced can be transported to consuming nations all around the world without logistics headache or trade sanctions.
Answer:
$79,800
Explanation:
Depreciation expense using the activity method = (actual hours of use in a given period / total estimated hours of use ) × ( Cost of asset - Salvage value)
(1500/10,000) × ($560,000 - $28,000) = $79,800
I hope my answer helps you.
