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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.
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2 years ago
The united states imposes a tariff on electronics imported from china. Which would be a result?
balu736 [363]

Americans purchase more domestically produced electronics.

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An economic idea known as demand theory explains the connection between customer demand for products and services and market prices.

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2 years ago
LaTisha contracted with Marco, who operates a farm in Guatemala, for the importation of some great coffee beans for her coffee s
bearhunter [10]
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8 0
3 years ago
What does it mean that Florida’s Texting While Driving Law is a primary offense?
dsp73

Answer:

Primary Offense Upgrade

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4 0
2 years ago
Consider golfers who led the PGA in winnings at different points in time. Note that the winnings are nominal figures (unadjusted
liberstina [14]

Answer:

4. Tom Watson

3. Jack Nicklaus  

2. Tiger Woods

1.  Tiger Woods

Note: See the attached file for the calculation.

Explanation:

Note: The table in the question is merged. It has been rearranged in the attached file, and the calculation is done in the file using the conversion formula.

The formula for converting nominal values into real values can be stated as follows:

Real value for each year = (Base Year CPI ÷ Nominal Year CPI) × Nominal value for the year

Using after converting the gofers' earnings to 2009 U.S. dollars. we have the following ranks and figures:

4. 1980, Tom Watson = $1,381,776  

3. 1973, Jack Nicklaus = 1,489,722  

2. 2009, Tiger Woods = 10,508,163

1.  2000, Tiger Woods = 11,445,382  

Download xlsx
6 0
2 years ago
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