1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
azamat
2 years ago
13

What is Installment credit? (In your own words, please and thank you!!! :)

Business
2 answers:
ddd [48]2 years ago
6 0

Answer:

Explanation:

Installment credit is an important aspect of your credit score because it shows that you can maintain a payment over time. Examples of installment loans are car loans, mortgages, and student loans

It is also called Installment plan it means when you do work and you get credit.

HAVE A GREAT DAY!

QveST [7]2 years ago
5 0
Installment credit is when you borrow a fixed sum of money and agree to make monthly.
You might be interested in
Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. The total value of yo
diamong [38]

Answer:

hope this helps

Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. You are in the process of buying 1,000 shares of Alpha Corp at $10 a share and adding it to your portfolio. Alpha has an expected return of 21.5% and a beta of 1.70. The total value of your current portfolio is $90,000. What will the expected return and beta on the portfolio be after the purchase of the Alpha stock? Do not round your intermediate calculations.

Old portfolio return

11.0%

Old portfolio beta

1.20

New stock return

21.5%

New stock beta

1.70

% of portfolio in new stock = $ in New / ($ in old + $ in new) = $10,000/$100,000=

10%

New expected portfolio return = rp = 0.1 × 21.5% + 0.9 × 11% =

12.05%​

New expected portfolio beta = bp = 0.1 × 1.70 + 0.9 × 1.20 =

1.25​

Explanation:

7 0
3 years ago
Although the discount stores in Goreville central shopping district are expected to close within five years as a result of compe
rosijanka [135]

Answer: <em>Option (B) is correct.</em>

Explanation:

If true, the following will most seriously weakens the argument: There has been an increasing rate in store opening in the central shopping district (CSD) since Colson's have opened discount stores.

Since after Colson's opened, the locations which were vacant became stores in particular discount store which did not spar with Colson's. Now that we have a discount store & department store without discount. Therefore when these stores close while competing with SpendLess, they wont be replaced with regular non-discount stores .

8 0
3 years ago
Production used 2.5 labor hours per finished unit, and the company actually paid $21 per hour, totaling $52.50 per unit of finis
jeka94

Answer:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual hours

Explanation:

Giving the following information:

The production used 2.5 labor hours per finished unit, and the company paid $21 per hour, totaling $52.50 per unit of finished product.

<u>We weren't provided with enough information to solve the problem. We need estimated production hours and rates. But, I can leave the formula to solve it.</u>

To calculate direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Hours

3 0
3 years ago
I sometimes start projectsThat I have difficulty finishing Disagree or agree
Naddik [55]

Answer:

agree lol

Explanation:

8 0
3 years ago
Read 2 more answers
An individual involved in the communication process
BabaBlast [244]

Interpersonal communication

4 0
3 years ago
Other questions:
  • Which NIMS Management Characteristic refers to personnel requested through appropriate authorities and established resource mana
    10·1 answer
  • Suppose a period of continuous political instability leads people to believe that the economy will slide into a deep recession.
    9·1 answer
  • Which type of communication takes place in the absence of words? communication refers to communication that takes place without
    9·1 answer
  • Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $8,000 a year for the next
    7·1 answer
  • Which of the following is true regarding lemon laws?​
    13·2 answers
  • Modern economic growth has caused?.<br>​
    10·1 answer
  • Do you agree that ""the employer usually has the upper hand"" when it comes to establishing the employment relationship? When mi
    6·1 answer
  • Explain one difference between international and home trade
    15·2 answers
  • Match the different account heads to the two aspects of business.
    15·1 answer
  • Suppose you work in Management and are collaborating with Human Resources to create a regression equation to predict turnover (p
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!