The answer is <u>"B. Your payments will have gone mostly towards paying interest and you will still owe the majority of the balance that you had from a year ago."</u>
At the point when this happen your profile would be appear as monetarily hazardous by other money related foundation in the market.
This would make your credit score to tumble down, and would make it extremely hard for you to acquire some other type of advance later on.
When you make just the minimum installment on your credit card, you're giving yourself impermanent help. But on the other hand you're focusing on paying more in intrigue charges later. That exchange off can get you into genuine budgetary inconvenience after some time, particularly if your card charges a high interest rate.
The memo data type is suitable for posting comments. The Boolean data type can be used to rate blogs using the Like or Dislike option.
Answer:
e. 10.0%
Explanation:
Using the capital asset pricing model we have:
Required return = Rf + beta
(Rm - Rf)
Where Rf = Risk free return
Rm = Market return
Beta = Beta coefficient
Provided,
Partridge Plastic Stock's information as:
Beta = 1.4
Required return = 13%
Risk free rate = 6%
Putting values in equation, we will get market rate of return
13% = 6% + 1.4
(Rm - 6%)
= Rm - 6%
5% = Rm - 6%
11% = Rm
Now putting this value in equation for information provided for Cleaver Motor's Stock
Required return = 6% + 0.8
(11% - 6%)
= 6% + 4%
= 10%
Success metric are also known as KEY PERFORMANCE INDICATORS. Success metric is used to quantify an organisation's behavior, activities and performance taking into consideration all the stakeholders that are involved in the business. It can also be used to measure the degree of performance of employees.