How do credit card companies use a person's credit report?
to figure out if that person has been using a budget
to determine if that person should be given a loan or credit card
to help them figure out ways to pay off their outstanding debt
to calculate how much interest the person is owed on their account
if you anwser i report
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Answer:
:) LOOOOOOOOOOOOOL
Explanation:
How much would a 10,000 deposit at five percent annual interest rate for three years earn
Answer:
$1615
Explanation:
A 10,000 deposit at five percent annual interest rate for three years earn 1500.
What is interest?An interest rate indicates how expensive borrowing is or how lucrative saving is.
Therefore, if you are a borrower, the interest rate is the sum you pay for borrowing money and is expressed as a percentage of the overall loan amount.
The fee you pay to borrow money or the fee you charge to lend money is called interest. The most common way to represent interest is as a yearly percentage of the loan amount.
We know that,
Interest = P x R x T
Where,
P = Principal amount (the beginning balance).
R = Interest rate (usually per year, expressed as a decimal).
T = Number of time periods (generally one-year time periods).
Here,
P = 10000
R = 5% = 0.05
T = 3 years
So,
S.I. = 10000 x 0.05 x 3
S.I. = 1500
Thus, the total amount will be 1500.
For more details regarding simple interest, visit:
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However, the landing of the Rosetta
space probe on comet 67P/Churyumov-Gerasemenko in 2014 was different: it marked the first time that a
probe landed on a 2 comet and giving scientists an
unprecedented opportunity to study the surface of a comet. .
In order to continue this valuable research, additional
missions are needed; thus, it is critical that more funding
be allocated for this purpose.
Answer:
ok
Explanation:
Why are credit cards more convenient than debit cards?
They enable people to earn interest on their purchases.
They can be used exactly like checks.
They allow people to buy things without paying immediately.
They provide instant access to money in a savings account.
Answer:
The answer is "They allow people to buy things without paying immediately."
Explanation:
While this does make credit cards convienent, it also makes them extremely dangerous. Consumers are quick to rack up thousands of dollars of credit card debt that they cannot pay back.
Edexcel exam due date on may June 2021? On which date is it starting
The following data is on
X=Automobile Stock per capita,
P= Relative price of automobiles and
Id= Real disposable income per capita
Years
Xt
Pt
Idt
Years
Xt
Pt
Idt
1921
4.8
120.9
407.8
1937
8.34
100
551.2
1922
5.42
111.2
460.4
1938
7.78
109.3
511
1923
6.88
100.6
509.2
1939
7.72
104.9
547.9
1924
7.84
90.9
509.3
1940
8.22
97.1
578.8
1925
8.41
81.7
525.6
1941
9.17
120.1
642.7
1926
8.93
92.6
532.3
1942
7.42
119
719.1
1927
8.77
105.6
543.3
1943
5.79
204.7
741.6
1928
9.13
91
545.1
1944
4.45
356.7
798
1929
9.69
95.1
576.2
1945
3.51
449.3
787.2
1930
9.09
85.9
525.2
1946
4.05
338.6
743.2
1931
8.1
102.4
498.2
1947
5.29
263.4
696.4
1932
6.91
107.9
417.4
1948
6.1
236.2
721.2
1933
6.34
95.6
394.3
1949
8.07
159.7
696.7
1934
6.17
107
421.4
1950
10.25
161.8
745.8
1935
6.53
105.2
475.2
1951
11.46
161.2
743.9
1936
7.51
109.3
525.6
1952
11.19
169.4
753.7
a) Divide the data into four equal parts and obtain the regression
Xt=α + β Pt + γ Idt + εt
for each part. Apply Bartlett’s test to check the heteroscedasticity.
b) Repeat part (a) for the regression
ln Xt=α + β ln Pt + γ ln Idt + εt
and again apply Bartlett test and draw conclusion
Answer:
Explanation:
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