Unsecured loans are based on the borrower's creditworthiness and financial stability.
Unsecured loans are loans that are not backed by collateral, such as a house or car. Because the lender does not have any collateral to seize if the borrower defaults on the loan, they must rely on the borrower's creditworthiness and financial stability to determine whether to approve the loan and what terms to offer.
To assess a borrower's creditworthiness and financial stability, the lender may consider factors such as the borrower's credit score, income, employment history, and debts. They may also review the borrower's credit report, which provides detailed information about their credit history and financial behavior. Based on this information, the lender will decide whether to approve the loan and, if so, what terms to offer. This may include the interest rate, loan amount, and repayment period.
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3. You have Birr 1,500 to invest today at 7% interest compounded annually. Find how much you will have accumulated in the account at the end of (1) 3 years, (2) 6 years, and (3) 9 years.
1-The amount accumulated at the end of 3 years is Birr 1,837.56
2-The amount accumulated at the end of 6 years is Birr 2,251.10
3-The amount accumulated at the end of 9 years is Birr 2,757.69
The formula to calculate compound interest is
A=P(1+r/n)∧nt
Where, A= final amount
P= initial Principal
r= rate of interest
t= time period
n= number of times interest applied(annually, quarterly etc)
1- P=1500 r=7% t=3 n=1
Amount=1500(1+0.07/1)∧3
=1837.56
2- P=1500 r=7% t=6 years n=1
Amount = 1500(1+0.07/1)∧6
=2251.10
3- P=1500 rate=7% time t=9 years n=1
Amount= 1500(1+0.07/1)∧9
=2757.69
Therefore Amount at the end of 3 years is 1837.56
6 years is 2251.10 and at the end of 9 years is 2757.69
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1. NAFTA is a trade agreement that was negotiated by the leaders of three countries. Which of the following countries was not part of this agreement?
O the United States
O Canada
O Cuba
O Mexico
Cuba countries was not part of this agreement.
What is NAFTA?NAFTA stands for the North American Free Trade Agreement. It was signed in 1994 by the United States, Canada, and Mexico and went into effect on January 1, 1994. NAFTA removed most of the tariffs and other trade barriers between the three countries, allowing for the free flow of goods between all three countries. NAFTA also established trade rules and investment protections, which allowed for increased foreign investment in each of the three countries. NAFTA has been seen as a major success in terms of trade between North American countries, and has been credited with helping to boost the economies of the three countries involved.
NAFTA was negotiated by the leaders of the United States, Canada, and Mexico. China was not part of the agreement.
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The Gamma Corporation made a public announcement today in which it shared its plans to buy back its common stock shares in the total amount of $62,000. Right now, this corporation has 420,000 stock shares outstanding. The price for each share in today's market is $47.09.
After buying back the stock shares, the price for each share will equal:
After buying back the stock shares, the price for each share will equal t0 $8.10.
What are the shares about?To calculate the price per share after the buyback, you need to first determine the total value of the buyback. To do this, you can multiply the number of shares being bought back (62,000) by the price per share ($47.09).
(62,000) * ($47.09) = $2,906,180, this is value for the buyback.
Next, you need to find the total number of shares outstanding after the buyback. To do this, you can subtract the number of shares being bought back (62,000) from the total number of outstanding shares (420,000).
So: (62,000 -420,000) = 358,000
This gives you a total of 358,000 outstanding shares after the buyback.
Finally, you will have to divide the total value of the buyback ($2,906,180) by the total number of outstanding shares after the buyback (358,000) to find the price per share. This gives you a price per share of $8.10 after the buyback.
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HELP
Which of the following is not true of how you should give directions to a visitor or guest?
You should create a mental picture of the entire route in your mind and picture yourself walking or driving it along with the guest.
You should give a travel time estimate for the whole trip from start to finish instead of from landmark to landmark, since that gets confusing.
You should give your guest the simplest route, not the quickest, because you don't want them to get lost along the way.
You should ask the customer to repeat the directions back to you so you can make sure they have understood them properly.
Answer:
The statement "You should give your guest the simplest route, not the quickest, because you don't want them to get lost along the way." is not true. It is usually best to give the quickest route to the destination, as long as it is not too complicated or confusing. It is important to provide clear and concise directions to help the guest arrive at their destination efficiently and without getting lost. However, if the quickest route is very complicated or difficult to follow, it may be more helpful to provide a simpler route that is easier for the guest to understand and follow. Asking the guest to repeat the directions back to you can also be a helpful way to ensure that they have understood the directions properly.
Explanation:
if the annual rate is 2.5% and there are 12 periods per year, what is the rate per period? a. 0.208%, b. 0.28%, c. 0.38%, d. 0.5%
The answer: b. 0.28% is wrong
Before computerization or data analytics, how would you companies find that they had duplicate payments?
Answer:
Before computerization or data analytics, companies would have had to manually review their payment records and invoices to identify duplicate payments.
Explanation:
This would involve manually checking for discrepancies in amounts, payment dates, and other key data points. This process was time consuming and error-prone, but necessary to ensure that the company was not double paying for goods or services.
Explain international trade, alliance and conflict
Note that common skills are listed toward the top and less common skills are listed toward the bottom. According to O*NET, what are some common skills needed by Registered Nurses? Check all that apply.
coordination
social perceptiveness
active listening
equipment selection
equipment maintenance
installation
Suppose an economy is producing gasoline. Which of the
following will be true?
a. The marginal benefit of the 100th gallon is bigger than the marginal
benefit of the 5th gallon
b. The marginal benefit of the 100th gallon is smaller than the marginal
benefit of the 5th gallon
c. The opportunity cost of producing the 100th gallon is smaller than the
opportunity cost of the 5th gallon
The answer depends on the specific context of the economy and how the production of gasoline is being allocated.
a. The marginal benefit of the 100th gallon is bigger than the marginal benefit of the 5th gallon is not always true. The marginal benefit of a good is the additional benefit that a consumer receives from consuming one more unit of the good. As such, the marginal benefit of gasoline can vary depending on a consumer's needs and preferences. For example, if a consumer is stranded on a highway with no gas, the marginal benefit of the 5th gallon may be much higher than the marginal benefit of the 100th gallon.
b. The marginal benefit of the 100th gallon is smaller than the marginal benefit of the 5th gallon is not always true. This is similar to the point I made above. The marginal benefit of a good can depend on a consumer's needs and preferences, so it is not possible to say that the marginal benefit of the 100th gallon will always be smaller than the marginal benefit of the 5th gallon without more information about the specific context.
c. The opportunity cost of producing the 100th gallon is smaller than the opportunity cost of the 5th gallon is also not always true. Opportunity cost is the cost of foregone opportunities, i.e., the next best alternative that must be given up in order to pursue a certain action. The opportunity cost of producing gasoline can depend on various factors such as the availability of resources, the cost of production, and the demand for other goods. So, its not possible to say that the opportunity cost of producing the 100th gallon is always smaller than the opportunity cost of the 5th gallon without more information about the specific context.
1. Visit two supermarkets preferably Imtiaz & Carrefour and take detailed notes on the layout of each store. You should look at the layout of the store overall, as well as the layout of individual departments such as clothing, crockery, fresh fruits, frozen item produce, meat, bakery, etc.
2. Compare and contrast the layouts of the two supermarkets. Look at the placement of different departments in each store, the use of signage and other visual cues to guide customers, and the layout of the checkout areas.
3. Consider the factors that might influence the layout of each store. For example, they might think about the target customer base of each store, the size and shape of the store, and the local cultural and economic context in which the store is located.
4. Present your findings in a report or presentation, explaining your observations and analysis of the layouts of the two supermarkets.
5. Also try to create a visual comparison of the layouts using diagrams or other graphics.
urgent answer needed
Supermarkets can be compare compared, I visited Imtiaz supermarket and Carrefour supermarket and both had different pros and cons.
What is Supermarket?A supermarket is a place where a variety of products can be purchased, example Carrefour, Target and Walmart.
Both Imtiaz and Carrefour have all the departments that is clothing, crockery, fresh fruits, frozen item produce, meat, bakery and more. Comparatively Carrefour have a larger variety of clothing and bakery items.
The placement of Bakery should be near the checkout I believe and so Carrefour have it at the end while Imtiaz usually have bakery in the start of the store, Clothing department is in the middle in the two supermarkets which is the better placement, but the signage are available at both supermarkets. In general the aisles in Carrefour seems more organized as compared to Imtiaz where aisles are scattered and not made in a structural way.
Imtiaz supermarkets are usually short on space and so also the aisles are small and at one time only one way trolley can be moved, while Carrefour have much space between the aisles. In Economic ways Imtiaz supermarket have lower rates as compared to Carrefour.
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Melissa is an insurance agent who wants to sell a new insurance policy specially designed for business professionals. Which promotional strategy should she use to promote her product effectively?
A. telemarketing
B. personal selling
C. radio advertisement
D. sales promotion
Answer: The most effective promotional strategy for Melissa to use in this situation would likely be "B. personal selling."
Explanation: Personal selling involves building a relationship with potential customers and presenting the benefits of a product or service in a face-to-face setting. This is often the most effective way to sell complex or specialized products, such as insurance policies, because it allows Melissa to tailor her pitch to the specific needs and concerns of the business professionals she is targeting.
Telemarketing, radio advertisement, and sales promotion are all different types of promotional strategies that might be less effective in this situation. Telemarketing involves making sales pitches over the phone, which may not be as effective for a complex product like an insurance policy. Radio advertisement and sales promotion are more suitable for mass-market products or for creating awareness about a product, but may not be as effective for persuading business professionals to purchase a specialized insurance policy.
Answer:
i think it b
Explanation:
A run on banks will cause the supply
rate to do which of the following?
A bank run happens when significant numbers of depositors withdraw money from banks at the same time out of concern that the institution will fail. With more customers withdrawing money, banks will deplete their cash reserves and eventually default.
What happens when a bank fails?A default happens when a borrower fails to make the due debt installments. Defaults on secured debt, such as a mortgage loan backed by a home, as well as unsecured debt, such as credit cards or a college loan, can occur. Borrowers who default are vulnerable to legal claims and may have limited future access to credit.
When a bank fails, the FDIC takes control and either sell the bankrupt bank to a more solvent bank or takes over the bank's functioning.
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The MAIN purpose of a frequency distribution is to ___________. a. plan a statistical project and assign tasks to workers, b. organize raw data, c. provide a graphical illustration of date relations, d. identify changing trends over time
The main purpose of a frequency distribution is to organize raw data (b).
A frequency distribution is a tabular summary of data that shows the frequency, or number of occurrences, of different values within a dataset. It is used to organize and analyze large amounts of data in a clear and concise manner.
For example, if you were conducting a survey to gather data on the number of hours that people work per week, you could use a frequency distribution to organize the data and see how many people work different ranges of hours (e.g., 0-10 hours, 11-20 hours, 21-30 hours, etc.).
Option a, planning a statistical project and assigning tasks to workers, is not the main purpose of a frequency distribution.
Option c, providing a graphical illustration of data relations, is not an accurate description of a frequency distribution.
Option d, identifying changing trends over time, is not the main purpose of a frequency distribution, but it can be used to identify trends if the frequency distribution is created for different time periods.
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Considering current world economic climate, the future exchange rates are uncertain. How would you analyse/anticipate the change in exchange rates? Write a brief proposal to mitigate impact of possible exchange rate fluctuations
Answer:
In order to analyse and anticipate the change in exchange rates, I would use a combination of technical and fundamental analysis. Technical analysis involves studying charts and trends to identify patterns that can be used to predict future price movements. Fundamental analysis involves looking at economic indicators such as GDP growth, inflation, unemployment, and interest rates to gain an understanding of the underlying economic conditions that can affect exchange rates.
In order to mitigate the impact of possible exchange rate fluctuations, I would suggest implementing a strategy of hedging. Hedging involves taking out a position in a currency or financial instrument that is opposite to the current position in order to reduce the risk of losses due to exchange rate fluctuations. This can be done through the use of forward contracts, options, and futures. Additionally, I would suggest diversifying investments across multiple currencies to reduce the risk of losses due to exchange rate fluctuations.
Finally, I would suggest monitoring exchange rate movements closely and adjusting the hedging strategy accordingly in order to ensure that the hedging strategy is effective in mitigating the impact of exchange rate fluctuations.
Explanation:
Which of the following are ways that business directly benefits
society?
Choose 5 correct answers.
Encourages innovation
Raises self-esteem
Extends lifespan
Builds social bonds in the workplace
Provides employment
Encourages entrepreneurship
Teaches critical thinking skills
Allows for specialization through competition
Answer: Encourages innovation
Raises self-esteem
Provides employment
Encourages entrepreneurship
Teaches critical thinking skills
Explanation: All the above five points can be the core points for a business to have a good impact on the society. A business does not only helps to grow the one who is the boss but it also benefits the society in many ways. A business with the above mentioned goals is a boon for the society.
There are sixteen regional federal reserve banks.
false
true
The Federal Reserve Bank accepts deposits and withdrawals from individuals.
false
true
A bank run is when people rush to deposit money in their accounts thanks to a higher interest rate on
saving.
false
Inflation is the gradual and continued rise in the cost of goods and services over a period of time. In
other words, you get less for your money.
true
false
true
To be solvent is when an institution or individual is unable to honor their monetary obligations.
true
false
The correct answers for the given questions about Regional banks:
1. False, There aren't sixteen regional federal reserve banks.
2. True, The Federal Reserve Bank accepts deposits and withdrawals from individuals.
3. False, A bank run is not when people rush to deposit money in their accounts thanks to a higher interest rate on saving.
4. True, Inflation is the gradual and continued rise in the cost of goods and services over a period of time.
5. True, To be solvent is when an institution or individual is unable to honor their monetary obligations.
What is a Federal bank?There are 12 regional banks in the system, each named after the city in which they are headquartered. Banking supervision is the responsibility of the Board of Governors of the Federal Reserve Bank in Washington, D.C.
Each Federal Reserve district has facilities for receiving additional ineligible money deposits and processing foreign exchange orders.
When multiple customers of a bank or another banking institution withdraw their deposits at the same time out of concern for the bank's stability, this is called a bank run.
The rate at which prices rise over a period of time is called inflation. Inflation may be described in general terms such as: B. A general increase in prices or an increase in living standards. A company's ability to meet its long-term financial obligations is known as 'solvency'.
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"Group Think" happens when
everyone agrees with the same
thought.
True or false
It is a phenomenon that can lead to poor decision-making True.
What is group think?Group think is a phenomenon in which a group of people, influenced by their desire for consensus, make irrational or poor decisions. It often occurs when group members are unwilling or unable to express their individual opinions, or when group members feel pressure from an authority figure to come to an agreement. Group think can lead to poor decision-making, as group members may ignore potential problems or negative information that could be beneficial to the decision-making process. Additionally, group think can lead to conformity among members, making it difficult for them to think outside the box and come up with creative solutions.
Group Think can lead to poor decision-making because it eliminates any divergence of opinion, leading to conformity and the absence of critical thought. This can lead to an inability to objectively evaluate the risks and benefits involved in a decision, as well as a lack of creativity and innovation. Additionally, group think can lead to a lack of accountability, as members of a group may be less likely to challenge decisions or provide constructive criticism.
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SMART goals are recorded here and lay the groundwork for the marketing plan.
O market analysis
O marketing strategies
O statement of objectives
O competitive analysis
SMART goals are recorded here and lay the groundwork for the marketing plan: C. statement of objectives.
What is marketing?In Business management, marketing can be defined as a strategic process which typically involves developing promotional techniques and sales strategies by a business firm to enhance the availability of goods (products) and services, in order to meet the needs of the end users or consumers through advertising and market research.
What are SMART goals?In Business management, SMART goals can be defined as a well-established tool that can be used by an individual, a project manager or business organization to plan (create), track and achieve (accomplish) both short-term and long-term goals.
Generally speaking, SMART is a mnemonic acronym and it comprises the following elements:
SpecificMeasurableAchievable or Attainable.Realistic (results oriented).TimelyIn this scenario, we can reasonably infer and logically deduce that SMART goals are recorded as statement of objectives because they would lay the groundwork for the marketing plan.
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what should you do in case you know well the subject discussed
Answer:
learn and listen every single word of class
what is tertiary production?
Tertiary production refers to the service sector of an economy. It includes industries such as retail, hospitality, healthcare, education, and finance. This sector provides services to consumers, rather than producing tangible goods. Tertiary production is also known as the services sector, or the service economy. It is considered a key driver of economic growth, as it creates jobs, generates revenue, and contributes to overall economic activity.
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2. What are bribery and/or corruption? And what do you think is their impact in a company, community, and country?
Bribery is the act of offering, giving, receiving, or soliciting something of value for the purpose of influencing the action of an official or other person in charge of a public or legal duty. Corruption is the abuse of entrusted power for private gain.The impact of bribery and corruption on a company can be significant. It can damage the company's reputation and lead to lost business and decreased investor confidence. Bribery and corruption can also increase the company's cost of doing business, as it may have to pay more to bribe officials or deal with the consequences of being caught engaging in corrupt practices.The impact of bribery and corruption on a community can be equally significant. It can lead to the misallocation of resources, as officials may prioritize their own interests or those of the people bribing them over the needs of the community. Corruption can also undermine trust in government and other institutions, leading to social unrest and lower levels of civic engagement.The impact of bribery and corruption on a country can be far-reaching. It can discourage foreign investment and undermine economic development, as investors may be wary of investing in a country with a reputation for corruption. Corruption can also lead to the misallocation of resources and the mismanagement of public funds, which can have negative consequences for the country's infrastructure and the delivery of public services. In addition, corruption can erode trust in government and contribute to social unrest and political instability.
If you want to buy a $245,000 house with a 15% down payment, how much will you be borrowing from the bank? If the interest you will pay is $210,000 total, how much total (interest and principal) will you pay on the borrowed money over the 30 years of your mortgage?
Answer:
Explanation:
year and any subsequent word will have to be ignored because we limit queries to 32 words.
For a home price of $250,000 the minimum down payment would be $8,750.
what are 3 important parts of budgets that you need to know each month
How do strong information literacy skills impact academic or professional career
Which option best describes financial well-being?
OA. Making the most money in the shortest amount of time
B. Using money wisely in order to support a lifestyle that can be
enjoyed for a long time
OC. Making money in order to feel morally superior to those with less
D. Amassing the most money in order to become rich and famous
Answer:
B. Using money wisely in order to support a lifestyle that can be enjoyed for a long time.
Explanation:
A is incorrect because it isn't practical. Making the most amount of money in a short time only helps you in the short run. It doesn't necessarily ensure that you have a lot of money in the long run. B is correct because it is the most practical, responsible, and wise choice. By using your money wisely, you can save up for something you really want, like a car or laptop. This also gives you security in the future because you know you have money and can dip into it in an emergency situation. C is incorrect because it's only trying to satisfy an impractical feeling. Making money just to feel morally superior to those with less doesn't mean that you're good at your job or will continue to make the same amount all the time. It mainly means that you are satisfying the need to feel better or higher up in the wealth ladder than others. D is incorrect because making money just to be rich and famous doesn't mean you're going to make smart and wise decisions using it. It also doesn't assure you that it will stay that way forever. You may need to pay rent on a mansion and lose a ton of money, therefore, dropping your rich status.
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The paid-off portion of your mortgage at any point in time is called the __________., a. equity, b. principal, c. down payment, d. line of credit
Answer:
b is answer i think ..........
4. What was the strengths and weakness of each contributors/authors theory/principles?
Answer:In the modern world, every firm needs to create a successful management strategy. This procedure combines planning, organisation, incentive, and control to create a productive business function that will aid in the accomplishment of goals and objectives. Scientific management, which can be observed in the operational strategies of Toyota and Apple enterprises, is one of the practical and tested methods of controlling the work of the organisation. To sustain a competitive position, it is beneficial to design a specific strategy while adhering to individual values, viewpoints, and activity techniques.
Explanation:
What was the opening price of Dow Jones Industrial Average on Aug 02, 2017 in the format of XXXXX.XX?
Answer the question below. Use the rubric linked above for help if needed.
Think about the items that you use every day. Do you use inelastic goods? Do you use elastic goods? Give two examples of each type of good. Explain why you use each good and determine whether or not you
could survive without each good. Use details to support your answer.
Luxury products and particular foods and beverages are elastic goods because demand is influenced by price changes for them. Products like nicotine and prescription medications may be considered inelastic goods since the demand for them frequently remains constant despite price fluctuations.
What are the goods?The term Goods are products and resources that satisfy people's needs and wants. A good can be a natural science object, a provided service, or some accumulation of the two. Just about anything is good if it supplies some kind of benefit to consumers.
Electronics or clothing are examples of elastic goods, whereas food and prescription medications are examples of inelastic goods. Cross elasticity gauges how demand for one good changes in response to price changes for another, related good.
Therefore, Luxury items and specific foods and beverages are considered elastic goods since the demand for them is affected by price variations.
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Month’s transaction for Alem Photographic Studio are use based on their occurrence during March, 2012.
Hill Photographic Studio is a service-oriented business owned and run by Ann Hill. The balance sheet accounts, income statement accounts, and the chart of accounts serve as its foundation.
What is Transaction?An agreement or communication between a buyer and a seller to trade products, services, or assets in exchange for money is a financial transaction. Any trade involves a shift in the financial situation of two or more entities, whether they be people or businesses. There are always one or even more financial assets involved in a financial transaction, most frequently money or another pricey object like gold or silver. Financial transactions come in a wide variety of forms. The most frequent kind, purchases, take place when a consumer is sold a thing, service, or other commodity in exchange for cash. The majority of purchases are done with cash, which can be physical money, debit cards, or checks. Credit, which provides instant access to funds in return for payback at a later time, is the other primary method of payment.
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