(03.02 LC)
Why do smart consumers often make a down payment when using credit to purchase a good?
0 It reduces risk to the consumer.
o It eliminates interest charges.
o It reduces the cost of the financed good.
o It reduces the interest paid to finance the good.

Answers

Answer 1

Answer:

It reduces the interest paid to finance the good.

Explanation:

Interest is calculations are based on the amount borrowed(the principal amount). A higher principal amount attracts a higher interest fee. When purchasing via credit,  a smart customer will make a deposit payment to reduce the debt element in the transaction.

The item will be purchased partially by cash and party by credit. Since the interest amount is based on the credit advanced, a smart customer will pay reduced interest payments.

Answer 2

Answer: is D

Explanation:


Related Questions

Which of the following is not a required element of a contract
A Offer
B Breach
C Acceptance
D Consideration

Answers

Answer:

D

Explanation:

Consideration is unnecessary.

Considering the available options, the option that is not a required element of a contract is "Breach."

This is because for a contract to be valid and enforceable in a court of law there must be the following elements.

Offer: there must be an offer from one party to another which must be accepted. Offer can be verbal or written. The person making the offer is known as the offeror.

Acceptance: for a contract to be valid, there must also be an acceptance from the other party. Acceptance can also be verbal or written. The person accepting the offer is known as the offeree.

Consideration: this is also an essential part of a contract. A consideration Is what is given by the parties to a contract to make it enforceable. For instance, a vendor's consideration is goods or services delivered, while a purchaser's consideration is the money paid for the goods or services.

However, the breach is not part of a contract element as breach voids a contract.

Some other elements of a contract are the legality and capacity of the parties and the consideration involved.

Hence, in this case, the correct answer is option B. "Breach."

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why banks pay lower interest rates on savings accounts than on certificates of deposits.

Answers

Answer:

See below

Explanation:

Savings accounts are more common than certificates of deposits. Banks do not restrict customers on the number of withdrawal and deposits per period in a savings account. Banks consider savings account very liquid because a customer can withdraw their money anytime. Due to this reason, savings accounts attract low-interest rates.

Certificate of deposits, CDs have withdrawal restrictions. In this type of account, the customers agree to keep their money in the bank for a specified period. Banks offer a higher interest rate to encourage customers to keep their money in the account for the agreed duration.

when do diminishing marginal returns occur


Please help!!!!!!!

Answers

Answer:

Diminishing Marginal Returns occur when increasing one unit of production, whilst holding other factors constant – results in lower levels of output. In other words, production starts to become less efficient. For example, a worker may produce 100 units per hour for 40 hours.

Explanation:

Diminishing marginal returns occur when the addition of one more unit of a variable input leads to a decrease in overall output or productivity.

Diminishing marginal returns typically occur when the input of a particular factor of production, such as labor or capital, is increased while keeping other inputs constant. Initially, as more units of the input are added, the output or productivity increases at an increasing rate. This is known as increasing marginal returns.

However, as the input continues to increase beyond a certain point, the additional output gained from each additional unit of input begins to diminish. This means that the increase in output becomes smaller and smaller for each additional unit of input. The law of diminishing marginal returns states that there is a point at which the marginal returns start to diminish.

This phenomenon can be explained by various factors. For instance, when more labor is added to a fixed amount of capital, the workspace may become crowded, leading to inefficiencies and reduced output per worker. Similarly, when more fertilizer is applied to a fixed plot of land, there comes a point where additional fertilizer has a minimal impact on crop yields.

In summary, diminishing marginal returns occur when the addition of one more unit of a variable input leads to a decrease in the overall output or productivity. This happens after a certain point when the marginal returns begin to diminish.

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A low credit score can lead too?

Answers

Answer:

Dept

you can loose errythang

no loans

Explanation:

[tex]\text{Hello There!}[/tex]

[tex]\text{A low credit score can lead to a number of things, such as:}[/tex]

Low eligibility rates for apartmentsHigh-interest ratesDifficulty applying for credit cards

[tex]\text{And many other issues can arise; which is why it's a good idea to have multiple credit cards.}[/tex]

[tex]\rule{300}{0.5}[/tex]

Which is a benefit of collaboration and teamwork?
A.It expands your social network and creates new connections.
B.It makes it more difficult to leave your current job.
C.It makes it easier to do your job since you can have other people do it.
D.It requires more work since you have to explain so much to other people.

Answers

Answer:

The Awnser Is A

Explanation:

It's the Best Awnser

What are three factors that affect price equilibrium and how does each factor affect it?

Answers


As you can see, an increase in demand causes the equilibrium price to rise. On the other hand, a decrease in demand causes the equilibrium price to fall. An increase in supply causes the equilibrium price to fall, while a decrease in supply causes the equilibrium price to rise.

Help What is regional economic integration?

Answers

Answer:

It can be best defined as an agreement between groups of countries in a geographical region, to reduce and ultimately remove tariff and non-tariff barriers to free the flow of goods, services and factors of production between each other.

When you apply for a scholarship, you may have to write an application essay. Why?

Answers

It is a requisite to write an application essay when applying for a scholarship because it helped to explain how the applicant meets the requirement of the scholarship.

What is a school scholarship?

Either a college, high-school or other institution scholarship, it referred to the form of financial aid awarded to students to further education.

Most time, they are usually awarded based upon various criteria such as academic merit, diversity and inclusion, athletic skill, financial need etc.

Also, the scholarship criteria usually reflect the values and goals of the donor or founder of the award.

Hence, It is a requisite to write an application essay when applying for a scholarship because it helped to explain how the applicant meets the requirement of the scholarship.

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what is 3/5 of 18 800​

Answers

Answer:

11,280

Explanation:

3/5 of 18 800

=3/5 x 18 800

=0.6 x 18,800

=11,280

What is the typical education level needed for an Advertising, promotions or marketing manager position?

Question 5 options:

High school diploma only


Bachelor’s degree


Doctorate degree


No degree necessary

Answers

Answer:

Kristina look at my new question thats the new chat

Explanation:

Answer:

bachelor’s degree

Explanation:

Dera diamonds inc. is a premium jeweler. its clientele includes movie stars, politicians, businessmen, and popular socialites. it has a team of jewelry experts that designs jewelry for each of its clients from scratch. everything is made to meet the specific requirements of the clients, and no two jewelry pieces produced by this company has ever been identical. this is an example of

Answers

Answer:

customization

Explanation:

From the question we are informed about Dera diamonds inc. which is a premium jeweler. its clientele includes movie stars, politicians, businessmen, and popular socialites. it has a team of jewelry experts that designs jewelry for each of its clients from scratch. everything is made to meet the specific requirements of the clients, and no two jewelry pieces produced by this company has ever been identical. The case above is an example of customization. Customization in business is also regarded as "built-to-order" it involves the modification of products/goods to suit the personal specification or preference of the clients/customer, it is a way to deliver the product of the customer according to the specified requirements. It a business strategy and when done very well, it makes the clients to always patronize again.

30 points please help

Answers

Answer:

1.A

2.A

3.A

Explanation:

I searched them up.

Hope this helps Brainlylist plz

Answer:

1.A

2.A

3.A

Explanation:

These are correct give the person in front of me brainliest :)

What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application

Answers

Answer:

A

Explanation:

because they are good

Hector spent the last three months on a winter fishing boat in Alaska. He was doing research on population levels of fish for conservation efforts. Hector most likely works in

a.Plant Systems.
b.Agribusiness Systems.
c.Natural Resource Systems.
d.Environmental Service Systems

Answers

Answer:

a

Explanation:

Answer:

b

Explanation:

What should you do before you approach a atm

Answers

Answer:

Try to use ATMs with which you are familiar. Choose well-lit, well-placed ATMs where you feel comfortable. If you need to use an ATM late at night, ask a friend to accompany you.

Before approaching the ATM, scan the surrounding area. Avoid the ATM altogether if it is too dark to see, isolated or looks unsafe. If there are bystanders loitering in the area, go to another machine or come back later.

Use your body to shield the screen and keypad before entering your PIN. Make sure other individuals in line stay a reasonable distance from you while you're performing your transaction.

here is a riddle again

If you drop me I’m sure to crack, but give me a smile and I’ll always smile back. What am I?

Answers

Answer:

a mirror

Explanation:

This type of cover letter style does a side by side comparison of an employer’s requirements and an applicant’s experience:
a.
Paragraph letter
b.
T-letter
c.
Bullet letter
d.
S-letter

Answers

Answer:

B

Explanation:

Got it on edge 2020

Calculate the additional cash needed for the six months. When there is a cash shortfall (the shortfall/surplus cash calculation is less than zero), additional cash must be obtained from a loan to cover all of the monthly expenses. Therefore, additional cash needed is equal to any cash shortfall. It is zero if there is a cash surplus. The additional cash needed should be a positive number even though a shortfall will be a negative number in the model (row 26). [6 points]

Answers

Answer:

the numbers are missing, so I looked for a similar question:

Vince's Blinds will have cash receipts of​ $97,000 and cash disbursements of​ $108,000. If its beginning cash is​ $5,000 and its desired reserve is​ $2,000, what will be its shortfall in cash for the​ month?

You have to repeat the same procedure for the following months. The ending balance of month 1 becomes the beginning balance of month 2, and so on. For month 2 we can flip the cash receipts and disbursements:

                                                 Month 1       Month 2       Month 3

Beginning cash balance          $5,000        $2,000        $5,000

Cash receipts                          $97,000    $108,000           ....

Cash disbursements           ($108,000)    ($97,000)

Net balance                            ($6,000)       $13,000

Cash from loan                         $8,000      ($8,000)

Ending cash balance               $2,000        $5,000

Depending on the numbers that you have, you should be able to complete the 6 months and then just add the cash from loans.  

In 30 words or fewer, explain why it is important to write your personal information on an application.

Answers

It is important to write your personal information on an application to that they will have the correct information to contact you. It would be a good idea to leave your email or phone number on any application to make things more efficient and easy to reach you.

when someone get troll and can't take a joke what would you do?

Answers

Answer:

Call them a bitc h

Explanation:

Answer:

Get rick rolled

Explanation:

-.-

Which tab provides you options like inserting a table, inserting a shape, or adding Audio/Video?

Answers

Answer:

The insert tab

Explanation:

If at a price of $24, Octavia sells 36 home-grown orchids and at $30 she sells 24 home-grown orchids. What is the change in quantity demanded?

Answers

Answer:

12

Explanation:

At the price of $24, the demand is 36

At the price of $30, the demand is 24

change in quantity demanded

= 36-24

= 12

A communication style is ____________________

Answers

Answer:

Communication styles are the broad ways in which people tend to communicate with others.

Explanation:

Answer:

Texting

Explanation:

Which of the following is necessary to resolve conflict? A. patience with the conflict resolution process B. willingness to engage the other party C. support of all involved parties D. all of the above Please select the best answer from the choices provided. A B C D

Answers

Answer:

D

Explanation:

Answer:

The answer is D

Explanation:

Edge 2021

NEED ANSWER QUICKLY BEFORE 11:59 AM

Answers

Answer:

The answer is "Danger Zone".

Explanation:

The danger zone would be where bacteria, which is spread from meats can be grown. It defines as around 40 to 140 °F (4 to 60 °C). It is also named this range of temperatures, in which it never leave stuff in conditioning for even more than 2 hours. In this, the meat mustn't be left out for further than 1 hour if its temperature is well above 90 °F, at higher than 140 °F, maintain hot meals.

What are stocks and mutual funds?

Answers

Answer:

Stocks are an investment in a single company, while mutual funds hold many investments — meaning potentially hundreds of stocks — in a single fund.

Work and/or assignments performed in a career are _____.


A.) tasks


B.) values


C.) interests


D.) employees


(please help :D)

Answers

Answer:

b. task

Explanation:

The assignments which are actually performed in a given career is known as Tasks option(a) is correct.

What is a career?

A career in simple words we can say that it is known to be an occupation or a profession which actually undertakes for a longer period of the time which gives monetary benefits over a period of the time.

Career is usually one person choose to do because it is known to be his/her purpose of choosing a right path over a period of the time.

Therefore Option(a) is correct.

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1. Can a manager be effective if he or she does not have leadership skills? Explain your
answer.

Answers

No, he/she can't. The role of the manager is to manage a specific kind team in a workplace. To be effective, the manager should lead the people.

No it is not possible for a leader that does not have leadership skills to be an effective leader.

Leadership skills are those skills that are used to guide and direct other people towards a shared goal or a common purpose.

A leader that lacks the basic leadership skills is going to fail when it comes to managing a group. They would lack the ability to plan, execute and motivate.

At the end of the day, such leaders are more likely to cause more harm than good.

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Use the following chart to explain how the amount of principal affects the total cost of the loan

Answers

Answer: The higher the principal, the higher the total cost of the loan

Explanation:

From the chart shown we can see that the loan with a higher principal has a higher total cost than the loan with the smaller principal.

This happens because the interest rate attached affects larger figures more than smaller ones. 6.47% of $6,000 is $389 which is larger than 6.47% of $5,000 which is $324 (calculating the cost of a loan is more cumbersome than this but this shows the effect as well).

When compounded overtime, this difference will be even more and thus shows that larger principals cause larger total costs.

Answer:

The higher the principal, the higher the total cost of the loan

Explanation: In a part of the mortgage payment is dedicated to repayment of the principal balance.

Now explain that Loans are structured so the amount of principal returned to the borrower starts low and increases with each mortgage payment.Then,  The payments in the first years are applied more to interest than principal, while the payments are in the final years.

In our  mortgage $100,000, The principal is $100,000.

This happens because the interest rate attached affects larger First figures will more than smaller ones.

  6.47% of $6,000 is $389 which is larger than =  6.47% of $5,000 which is $324 .

now,(calculating the cost of a loan is more this shows the effect as well).

When compounded over time, this is difference will be even more and thus shows that larger principals cause larger total costs.

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Which career pathways involve high risk due to exposure to dangers?

Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway

Answers

Answer:

Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.

Explanation:

The career pathways that  involve high risk due to exposure to dangers is :

A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.

"Career Pathways"

The career pathways that involve high risk due to exposure to dangers is:

Firefighters in the Emergency

Firefighters too give an critical part in teaching the open with respect to fire and security.

Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.

Fire Management pathway

Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.

Crisis administration executives ordinarily require a bachelor's degree

Correctional Officers in the Corrections pathway

Corrections officers may do a few or all of the taking after:

supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.

Detention Officers in the Law Enforcement pathway.

A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.

A Career Pathway traces the positions, compensation, and preparing required to development in an industry.

Thus, the correct answer is A.

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