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2 years ago

Which best describes a way people can use personal loans? to buy a house to buy a car to pay for college to pay for groceries

1 answer:

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Personal loans are unsecured loans offered by financial institutions based on factors such as employment history, repayment capacity, income level, profession, and credit history.

<h3>How do personal loans work?</h3>

When you are approved for a personal loan, the funds are often sent directly into your checking account. When you acquire a loan to refinance current debt, you can occasionally ask your lender to pay your invoices directly.

Prepare to begin payback within 30 days, regardless of how you receive your payments. If you have a variable-rate loan, your interest rate will fluctuate, which may cause the amount you owe to alter from month to month.

When you pay off your personal loan, the credit line is closed.

Thus, Option D is correct which describes personal loans.

For more information about Personal loans refer to the link:

brainly.com/question/19106746

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The following are the stages of both consumer and organization purchase decisions. Place each stage in the most typical order of

777dan777 [17]

Answer:

Problem Recognition.

Information Search.

Evaluation of Alternatives.

Purchase Decision.

Purchase.

Post-Purchase Evaluation

Explanation:

1. Problem Recognition: This relates to the existence and realization of the <u>need gap</u> between what they have and what they want.

2. Information Search: This is the next stage where the consumer begins to search for how to close the need gap.

3. Evaluation of Alternatives: After searching for available information on potential way(s) to meet the existing need, the product of the search could reveal numerous alternatives from which a choice will be made after thorough evaluation

Purchase Decision: This is the point where the choice is made from the available alternatives to buy one or not to buy any at all.

Purchase: After the decision, the purchase is made

Post-Purchase Evaluation: After a purchase decision, it is imperative that the customer gives feedback on whether or not they are satisfied with the decision that was made or not, to buy the product.

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3 years ago

What's the purpose of the three questions you should ask before using your emergency fund?

WARRIOR [948]

Answer:

to reconsider yourself before spending your emergency funds.

Explanation:

if it's not important then don't use it.

is it unexpected?.. well do you expect to use this fund.

is it necessary?... do you really need this stuff

is it urgent?.... do you need these things right now?

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3 years ago

Which of the following statements is (are) TRUE?

Setler [38]

Answer:

B. The long-run average total cost curve is derived by tracing out all of the firm's short-run average total cost curves.

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4 years ago

Suresh Co. expects its five departments to yield the following income for next year.

DIA [1.3K]

Answer and Explanation:

The re-computation and prepare the departmental income statements is shown below:-

Department N and T has sales dollar lower than Avoidable expenses, therefore those department will be eliminated. Also Unavoidable expenses will be occurs.

Department with less sales than avoidable expenses eliminated

Dept M Dept N Dept O Dept P Dept T Total

Sales $63,000 $0 $56,000 $42,000 $0 $161,000

Expenses

Avoidable: $9,800 $0 $22,400 $14,000 $0 $46,200

Unavoidable $51,800 $12,600 $4,200 $29,400 $9,800 $107,800

Total

expenses $61,600 $12,600 $26,600 $43,400 $9,800 $107,800

Net income

(loss) $1,400 ($12,600) $29,400 ($1,400) ($9,800) $7,000

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3 years ago

How does manufacturing create the multiplier effect?

MrRissso [65]

Answer:

For every $1.00 spent in manufacturing, another $2.79 is added to the economy

Explanation:

hope this helps

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2 years ago