A fixed interest rates is generally a better option than a variable rate in which

situation?

A. A business owner is seeking a short-term loan to cover emergency

expenses and expects to pay it off quickly.

B. A married couple is seeking a 30-year mortgage for a house that they plan to live in for a long time.

C. A contractor is seeking a mortgage on a home that he plans to "flip," or renovate to sell, within 18 months.

D. A student is seeking a credit card to use for daily expenses and plans to pay off the balance each month.

Answers

Answer 1

A fixed interest rates is generally a better option than a variable rate in  situation of A. A business owner is seeking a short-term loan to cover emergency expenses and expects to pay it off quickly.

What is fixed interest rates?

A fixed interest rate can be described as the  unchanging rate that is been charged with respect to the liability.

It should be noted that this can be on the  loan or mortgage and the charges is been made by the financial institution or the lender at large, and this can be seen to be apply during the entire term of the loan  which is been agreed between the lender and the person that took the loan, hence in the case of A business owner is seeking a short-term loan to cover emergency expenses and expects to pay it off quickly is correct.

Therefore option A is correct.

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Answer 2

Answer:

B. A married couple is seeking a 30-year mortgage for a house that they plan to live in for a long time.

Explanation:

I originally got the wrong answer (I thought it was A), but it was actually B.


Related Questions

A business supply company gave free office supplies to a nonprofit organization. What type of gift is this

Answers

Answer:

Gift-In-kind

Explanation:

PLEASE HELP ME IM NOT UNDERSTANDING THESE QUESTIONS

1.You and your team have developed an amazing new device to help people with arthritis fasten their
own necklaces and put on other jewelry without assistance. As a business owner, you know you
should take the right steps to protect your intellectual property. Which law would apply in this
case? Explain which law is relevant and how to apply for the appropriate intellectual property
protection.
2. Medical staff at a small local clinic are exploring key legal considerations and responsibilities
related to protecting patients from the spread of viruses. Describe and explain key factors a
company would need to consider in relation to business protection, employees, and insurance in the
face of a global pandemic.
3.The Downing family has owned and operated discount furniture and home decor business for four
generations. As the younger third and fourth generations are preparing to assume greater
responsibility, they are discussing changing the ownership structure of the business to either an S
corporation or a limited liability company LLC to better serve the needs of the families and
reduce liabilities. Which business structure would serve the family best? What are some influential
factors to consider? Provide reasons to substantiate your choice.

Answers

The answer to part 1 is "The business ownership structure which would best serve the family is a limited liability company (LLC). It provides its owners with limited liability such as business debts, and It isn't taxed directly by the internal revenue service (IRS)."

The answer to part 2 is "Some insurance they could consider would be medical malpractice insurance, which provides protection against  lawsuits brought by patients for medical errors or wrongful death."

Which of the following would be considered private goods?.

Answers

Answer:

those goods that belongs to one individually

Assume that the Fed intervenes by exchanging euros for dollars in the foreign exchange market. This will cause an ____ in the supply of euros in the foreign exchange market, and will place _______ pressure on the value of the euro.
a. outward shift; downward.
b. inward shift; downward.
c. inward shift; upward.
d. outward shift; upward.

Answers

The action of the Fed would lead to an outward shift in the supply of euros  in the foreign exchange market, and will place downward pressure on the value of the euro.

What is the impact of the action of the Fed?

When the Fed exchanges euros for dollars, it means that they are selling euros and buying dollars. As a result, the supply of euros increases. This leads to an outward shift of the supply of euros and a decline the value of euros.

Thus, the value of the euro would depreciate while the value of the dollar would appreciate.

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Differentiate between norminal wages and real wages

Answers

Answer:

A norminal wage is not adjusted for inflation and real wage is adjusted for inflation

7.When Molly adds all of her payments how much will the car cost her using this plan

Answers

The car will cost Molly 21,495

Molly adds all of the payments the car cost her using this plan is $26,540.8

What is the cost?

A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.

Costs that have been expended or incurred as a result of generating revenue or running a firm are considered expenses under the accrual method of accounting. A payment is a money disbursement (usually in the form of a check or currency).

Fourth section

The down payment and total loan repayment make up the cost of the car, C, under the 1.9% APR financing plan.

Therefore;

C = $26,540.8 ($2,500 + $286.2/month x 84 months).

$26,540.8 is what the automobile would have cost with a 1.9% APR finance plan.

Therefore, When Molly sums up all of the payments for the car, she comes up with a total cost of $26,540.8.

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The complete question are been there

Oh, boy! Look at that monthly payment from Question 2 above! Molly cannot afford the monthly payment using the 0% financing. She opens up Bankrate’s Loan Calculator to see how much she’d pay with the other financing option.

Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500 Cash Allowance straight off her total.

Which of the following are accurate descriptions of the meta message of a business communication? (Choose every correct answer.) Multiple select question. It is the overall message conveyed by the communication. It consists of any predictions made in the communication. It is conveyed as a combination of content and tone. It needs to be stated clearly to avoid misinterpretation. It is a summary at the end of the communication.

Answers

Answer:

It is conveyed as a combination of content and tone.

It is the overall message conveyed by the communication.

Explanation:

The following are accurate descriptions of the meta message of a business communication:

It is the overall message conveyed by the communication.

It is conveyed as a combination of content and tone. It needs to be stated clearly to avoid misinterpretation.

Thus option (a) and (c) are correct.

What is a business?

A business can be referred to as an organization or enterprising entity that engages in professional, commercial or industrial activities. There are different types of businesses like sole proprietorships, partnerships, corporations, and more.

The businesses are basically work for profit motive. Businesses can be small-scale or large-scale. Some of the biggest businesses in the world are Amazon and Walmart.

The following are accurate descriptions of the meta message of a business communication: It is the overall message conveyed by the communication; It is conveyed as a combination of content and tone. It needs to be stated clearly to avoid misinterpretation.

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Ram Corporation paid cash dividends totaling $55,000 during its most recent fiscal year. How should this information be reported on Ram's statement of cash flows

Answers

The information should  be reported on Ram's statement of cash flows as: In financing activities as a use of funds.

What is financing activities?

]Financing activities can be defined as the movement of cash or inflow or out flow of cash in a company or an organization.

Financing activities is important to companies as it help to show how a company makes use of their fund and it has well has to do with paying cash dividends, selling stock among others in the statement of cash flow.

Inconclusion the information should  be reported on Ram's statement of cash flows as: In financing activities as a use of funds.

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what is the average cost of emergency fund per month in Lubbock Texas?​

Answers

Answer:

Additionally, Lubbock ranks eleventh in Texas as the least expensive city and has a cost of living index 10% below the national average.

Explanation:

Lubbock is in Lubbock County and is one of the best places to live in Texas. Living in Lubbock offers residents a dense suburban feel and most residents own their homes. In Lubbock, there are a lot of parks. Many families and young professionals live in Lubbock and residents tend to lean conservative.

Answer:

Lubbock cost of living is 79.9

COST OF LIVING Lubbock Texas

Grocery 91.9 93.7

Health 104.8 95.4

Housing 57.6 84.3

Median Home Cost $168,100

Explanation:

According to the Council for Community and Economic Research (2017 Annual Report), Lubbock's overall cost of living index is 91.5 percent. Lubbock ranked 93rd out of 294 urban areas in the nation and 16th out of 32 urban areas in the state of Texas for lowest cost of living.

What percentage of your gross salary does the consumer financial protection bureau suggest.

Answers

10 percent of your gross income for debt repayment. Taking the time to thoughtfully plan can help you make informed borrowing decisions that set you up for a more manageable financial future.

What are some other areas of the world that you feel could be better managed if economic analysis were applied

Answers

Economic analysis can be used to make more profit, and can be employed in real estate and businesses.

What is economic analysis?

Economics has to do with utility, scarcity, producers and consumers. Economic analysis has to do with evaluation of cost and benefits before making a decision.

Economic analysis can be used to make more profit, and can be employed in real estate and businesses.

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Which of the following are more likely to happen if you have bad credit? Check all that apply.

being denied a mortgage
being denied an unsecured credit card
having to pay higher interest rates on loans
getting a great interest rate on a car loan
having a strategy for dealing with a financial emergency

Answers

Answer:

being denied a mortgage. being denied an unsecured credit card. having to pay higher interest rates than loans

If you have bad credit the individual will be:

Being denied a mortgage.Being denied an unsecured credit card.Having to pay higher interest rates than loans

Thus, option 1, 2, and 3 is correct.

What is credit?

"Credit" has numerous implications in the monetary world, yet it most usually alludes to a legally binding understanding wherein a borrower gets an amount of cash or something different of worth and focuses on reimbursing the bank sometime in the future, normally with a premium.

Banks utilize your rating to survey how dependable you are with credit and decide how hazardous it very well may be to advance your cash. On the off chance that you don't have a sufficiently high score or you have slanderous imprints on your credit report, loan specialists could deny your home loan.

Therefore, option 1, 2, and 3 is correct.

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Income that is received as wages and is not adjusted for inflation is called ______ income. Multiple choice question.

Answers

Income that is received as wages and is not adjusted for inflation is called disposable income.

What is disposable income?

Disposable income is the available money for an individual to spend.

Charges such as tax will have been removed and the remaining is what an household spends.

Therefore, Income that is received as wages and is not adjusted for inflation is called disposable income.

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What is the foreign exchange market?
A.
a market in which players can exchange, buy, and sell currencies
B.
a market in which people can purchase foreign goods
C.
a market in which people exchange foreign goods and services
D.
a market in which people import goods from developed countries

Answers

Answer:

so I think it's b

Explanation:

Foreign markets are any markets outside of a company's own country. Selling in foreign markets involves dealing with different languages, cultures, laws, rules, regulations and requirements. Companies looking to enter a new market need to carefully research the potential opportunity and create a market entry strategy.

Answer: Answer is A. Its where one can exchange and sell all money currencies.

Explanation: I looked up the definition.

True or false: In the United States, sole proprietorships and partnerships outnumber corporations. True false question. True False

Answers

Answer:

True

Explanation:

Today there are more proprietorships and partnerships then there are corporations.

In the United States, sole proprietorships and partnerships outnumber corporations. The given statement is true. Hence, Option A is correct.

What is a proprietorship?

Proprietorship or sole proprietorship is the state where an individual is having the whole sole authority or right regarding any business. It is that situation, in which the person who is the owner has all the rights.

Here, the conversation for rights is regarding business rights, in which a person will take all the decisions that are being found compulsory and are in favor of the business and its growth.

The term which can be used in place of a sole proprietorship is sole tradership. It is a type of business entity that is run by a single person and some of the family members can also join it. But the owner will be retained in the name of a single person.  

Thus, a sole proprietorships in the United States outnumbers corporations. Option A is correct.

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For some time, Bloomingdale's relied on standard types of training to enhance employees' awareness of such topics as workplace safety and loss prevention. Such training typically included classroom sessions, store huddles, pre-shift meetings, and instructional posters. But these efforts were not always effective despite the good intentions. For instance, the training did not really inspire employees to focus on the key issues covered, and it was often difficult to measure the impact of the instruction provided. The firm recognized that something different must be done to enhance its safety record—this involved increasing associates' knowledge of safety, rather than focusing exclusively on traditional training as a "quick fix. "


The company started using Axonify, a training platform that incorporates active gamification and other entertaining activities to increase employee knowledge. Learning can also be customized based on the personal needs of employees. This enables individuals to build confidence by working on their knowledge areas that need improvement. Much of these activities could also be integrated real time into the work environment.


Bloomingdale's developed a four-stage process to make the transition from traditional training to ongoing learning. First, learning activities were included in shift work to spark daily awareness of safety and customer service issues. The Employee Knowledge Platform enabled employees to learn during short periods of downtime, using mobile devices or point-of-sale instruments. Associates were able to learn while they did their jobs, instead of receiving training at one time. Next, the training was delivered in small modules, with gamified elements that appealed to associates. When individuals mastered one set of information, the platform would move on to other topics—when remedial work was needed, it was provided until associates mastered the information.


Bloomingdale's also allowed for some customization in the learning system because different stores and departments often dealt with very different challenges and opportunities. This customization led to greater engagement across the various areas of the organization. Finally, the effectiveness of the learning was measured with the Employee Knowledge Platform, which helped Bloomingdale's determine its impact on important outcomes (i. E. , individual behaviors and results). This allowed managers to get a gauge of how well associates, teams, and stores were learning and applying the information on the job.


Not only does Bloomingdale's have an engaging training program that motivates a tech-oriented workforce, but the company also has a way of measuring its impact on the business as a whole. The approach has been very effective. The company has saved millions of dollars by decreasing the number of safety claims it addresses.


Zorosis, a jewelry store, recently discarded its traditional employee training modules and upgraded to an innovative online learning system in which employees are now required to access their training material. To facilitate an ongoing learning process that would keep employees motivated to learn, the store should ensure that:


a. Its training content is delivered in an exhaustive manner to enable deep learning.

b. It allows for customization in its learning system.

c. It curbs the use of gamified activities on the platform to avoid careless use.

d. It avoids learning activities during periods of downtime.

Answers

The best way for Zorosis to ensure that their ongoing learning process will be a success is to ensure that b. It allows for customization in its learning system.

What should Zorosis do?

The online learning platform that Zorosis plans to implement should be able to be customizable to the various challenges that employees can face.

This allows the employees to apply what they have learnt in various areas that will ensure business success.

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Bayer AG was accused as a participant in an international price-fixing scheme that drove up the costs of rubber chemicals used to make shoes, tires, and other products. Bayer AG paid its fine but did not admit culpability. Instead, the company announced that paying the fine was less costly than litigation. Bayer AG implemented a(n) _______ strategy when responding to the demand for social responsibility.

Answers

They need to be out into jail

True or false: A static budget is being compared to actual activity. The variance is F for net income but U for most expenses. This suggests that actual activity was lower than budgeted.

Answers

Based on the fact that the variance for revenue was favorable and the variance for expenses was unfavorable, this statement is false.

Why is this statement false?

If revenue is favorable compared to the static budget and expenses are unfavorable, then it means that there was more activity.

Because there was more activity, the expenses that were budgeted for were less than the actual expenses which is why expenses were unfavorable.

In conclusion, this is false.

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Any object that you can used to pay for goods or services can be classified as money.
True
False

Answers

Answer:

True

Explanation:

False, trading currency is not the same as trading goods or services; that’s called bartering not buying or selling

benefits of world trade organisation

Answers

Answer:

— Participation in the development of new rules and principles of international trade. ...

— Export diversification. ...

— Transparent, predictable and attractive investment regime. ...

— Increase of sovereign credit ratings. ...

— Strengthening positions in trade disputes

Corner Store posts on its website an offer of a reward for information leading to the apprehension of a certain criminal. This offer could normally be terminated by

Answers

It should be noted that the offer could normally be terminated by   post on the website.

What is a website?

A website serves as a group of World Wide Web pages with hyperlinks to each other which fixed  online by company or educational institution to promote their business.

Since, Corner Store posts on its website an offer of a reward in order to get a criminal apprehended, with a post they can as well terminate the offer.

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How did the mongol conquests affect the italian economy?.

Answers

Answer:

The mongols unified much of Asia into one trade network, lowering prices creating a demand

for goods in Europe.

In the United States, ________ laws prohibit collusion between rivals. a. competitive arbitration

Answers

Answer:

the answer is antitrus ..

is 1 a prime number
tell me pls im to dumm

Answers

Answer:

No

Explanation:

All prime numbers most be more then 1.

To measure an economy's output adjusted for changes in the price level, one would use Multiple Choice GDP per capita. value added. real GDP. nominal GDP.

Answers

Answer: Real GDP is an inflation-adjusted measure that reflects the number of goods and services produced by an economy in a given year, with prices held constant

Explanation: I hope this can be helpful.

During December, Alaskan Services makes a credit sale of $4.600 (before sales taxes). The state sales tax rate is 6% and the local sales tax rate is 2.5%

Answers

Answer:

$4997.9

Explanation:

((4600x1.06)x1.025=4997.9

1.Why is GDP / Capita a more accurate way of determining the well-being of a people?
2.What is the difference between nominal GDP and real GDP?
3.How is economic growth the same as GDP? How is it different from GDP?
4. Explain the four phases of the business cycle

Answers

Answer:

1. GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology. 2. Real GDP is accurate to hundreds of dollars; nominal GDP is accurate to thousands of dollars. 3. Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. 4. The four stages of the cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle. Insight into economic cycles can be very useful for businesses and investors.

Explanation:

I hope this can help :)

A ______ mind-set occurs when an organization focuses on providing products that are responsive to customers’ needs.

Answers

Growth? That’s usually the good one

Marketing synergies often come at the expense of product synergies because.

Answers

Marketing synergies often come at the expense of product synergies because : A single customer segment will likely require a variety of products, each of which will have to be designed and manufactured.

What is marketing synergies?

Synergy means the sum is greater than the part. Marketing synergy occurs when multiple marketing initiatives are combine to create an effect more than the sum of their parts.

The above means that customers contact one after fewer viewings of marketing messages across various platform.

Hence, Marketing synergies often come at the expense of product synergies because a single customer segment will likely require a variety of products, each of which will have to be designed and manufactured.

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If the minimum wage exceeds the equilibrium wage, then.

Answers

Answer:

The quantity demanded of labor will exceed the quantity supplied.

Explanation:

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