Would a change in the interest rates from 8% to 7% encourage a banks customers to borrow more money? Explain.

A) No, it would not encourage more borrowing, because a lower interest rate means that they would earn more interest over the course of the loan

B) Yes, it would encourage mor borrowing because a lower interest rate means that they would earn more interest over the course of the loan

C) Yes, it would encourage more borrowing because a lower interest rate means that they would have less interest to repay over the course of the loan

D) No, it would not encourage more borrowing, because a lower interest rate means that they would have less interest to repay over the course of the loan

Answers

Answer 1

Answer:

The answer would be D

Explanation:

The reason why i got that is an interest rate is the cost of borrowing money. Or, on the other side of the coin, it is the compensation for the service and risk of lending money. In both cases it keeps the economy moving by encouraging people to borrow, to lend, and to spend. But prevailing interest rates are always changing, and different types of loans offer different interest rates. If you are a lender, a borrower, or both, it's important you understand the reasons for these changes and differences.​ They also have a heavy effect on the rare metals trade, including silver stocks.

Answer 2

Yes, because they would have less interest to pay back over the term of the loan, a lower interest rate would encourage additional borrowing. Hence, Option (C ) is the accurate answer.

What is an interest rate?

An interest rate is an amount of interest that is payable each period stated as a percentage of the amount that was lent, deposited, or borrowed.

The principal amount, interest rate, frequency of compounding, and duration of the loan, deposit, or borrowing determine the total amount of interest on a sum that was lent or borrowed.

Interest rates are one of the main pillars of the American economic system. They affect borrowing costs and savings yields and greatly contribute to the overall return on many different types of assets. Additionally, some interest rates provide insight into the forthcoming financial market and economic activity.

Hence, option (C ) is the correct one.

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Related Questions

Barbara has $70.00 in her pocket and a $20 gift card. Which purchase will she be able to make without having to use her credit card?


A a portable radio for $65.95 and speakers for $29.99

B five books for $18.95 each

C headphones for $25.99 and eight CDs for 8.99 each

D six puzzles for $11.99 each and a board game for $15.89

edeg 2022

Answers

The answer is: six puzzles for $11.99 each and a board game for $15.89

The amount of money that Barbara has: $ 70.00

The amount of Gift Card that barbara has: $ 20.00

This mean that maximum amount of product that Barbara could purchase: $ 70 + $ 20 = $ 90

From the option above the only purchase that is not surpassing $ 90 is six puzzles for $11.99 each and a board game for $15.89

6 x $ 11. 99 = $ 71.94

1 x $ 15.89  = $. 15.89

Total purchase = $ 87.83              

How many gallons of oil does the us have in reserve.

Answers

Probaly around 138 gallons in total

Answer:

43.8 billion barrels

Explanation:

At the end of 20 years, an initial investment of $10,000 grows to $51,551.70. Use the continuous compounding formula to determine the annual rate of return. Write your answer in decimal form rounded to three decimal places. Do NOT convert your answer to a percentage.

Answers

Answer:

6

Explanation:

The annual rate of retutn is 0.823.

What is compoud interest?

The mathematical formula for calculating compound hobby, A=P(1+r/n)^nt.Compound interest genuinely approach earning hobby in our savings, and also, in the end, at the hobby that those savings earn.continuously compounded interest way that an account stability is continuously incomes hobby, in addition to refeeding that interest lower back into the balance so that it, too, earns.

continuous compounding is similar in idea to annual compounding, besides the compounding intervals are infinitely small. even though the yearly compounding system can be without difficulty changed to accommodate smaller durations.

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__________ communication can significantly enhance an organization's reputation, productivity, community support, and economic success.

Answers

External communication, when performed effectively, is capable of improving organizational processes and their marketing success.

What is external communication?

Corresponds to communication carried out outside the organization, with the aim of attracting consumers, customers and partners, increasing competitiveness and positioning in the active market.

Therefore, the external communication department is responsible for exchanging information with the macro-environment in line with the company's values ​​and objectives, seeking strategic advantages.

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Before creating training and development programs, managers should perform a _______ to determine which employees require training or development and what type of skills or knowledge they should acquire.

Answers

Managers should perform a individual assessment to determine which employees require training.

What is Individual Assessment

Individual Assessment can be defined as a type of assesment carried out to acertain the level of experience and performance of an individual in a particula capacity.

It is worthy of note that this accessment is not total and final, other individual skills like leadership skills, people skills is very important.

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at what stage of the product life cycle would it be best to begin investing in research and development of the next product?

Answers

Answer: Maturity

Explanation: This is before the product completley declines so you haven’t run out of time completley to develop a new and good quality product. It also isn’t too soon after the original product as that would cause problems in customer interest and make advertising/marketing more difficult.

Trends among category killers such as Staples for office supplies and Best Buy for electronics include price matching and ________ to compete with online retailers.

Answers

Price matching and Shipping directly are trends office supplies and Best Buy offers, which can compete with ratailers online who sells similar products.

What is marketing?

Marketing refers to the process of getting people interested in a company's product or service. It is a process a company undertakes to promote the buying or selling of a product or service.

The essence is to create awareness of the product to potential buyers so that they can purchase the products.

Hence, trends among category killers such as Staples for office supplies and Best Buy for electronics include price matching and Shipping directly from any store rather than just warehouses

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In liability insurance, the maximum amount that the coverage will pay for loss to any one person regardless of overall policy limits, is known as the:

Answers

Answer:

Insurance coverage limit

Explanation:

have a good day

The level of difficulty a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is:.

Answers

The difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.

What is vertical integration?

It should be noted that vertical integration simply means the process of acquiring business operations towards identical production.

In this case, the difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.

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If you were to make $9.00 per hour and worked 36 hours over the past two weeks, what would your gross income be on your paycheck?

Answers

Assuming  you were to make $9.00 per hour .What your gross income will be on your paycheck is $648.

Gross income

Using this formula

Gross income=Earning per hour×Numbers of hours worked×Number of weeks

Where:

Earning per hour=$9.00 per hour

Numbers of hours worked=36 hours

Number of weeks=2 weeks

Let plug in the formula

Gross income=$9.00 per hour×36 hours×2

Gross income=$648

Inconclusion  your gross income will be on your paycheck is $648.

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For a business, income remaining after payment of expenses is:
о
A. loss.
o B. capital.
O C. profit.
D. debt.

Answers

Answer:

The answer should be C. Profit

Explanation:

That is the total money they get after everything is payed for and restocked.

-Hope This Helps.

Justin

who buys and sells stocks on the exchange

Answers

Answer:

i do

Explanation:

Difference between pharmacy and pharmacist ? it's important.​

Answers

Answer:

a cist works in the pharmacy

A food worker washes his hands and puts on new gloves before taking tomatoes from a box and slicing them for burgers

Answers

What the food worker, who washes his hands and puts on new gloves before taking tomatoes from a box and slicing them for burgers, has done is an example of practicing good personal hygiene.

What is personal hygiene?

Personal hygiene involves the following activities: bathing, washing hands, brushing teeth, etc.

The purpose of personal hygiene, especially for a food worker or handler is to prevent biological, chemical, and physical hazards that make food unsafe.

Thus, since food workers come into contact with millions of germs and viruses daily, they must practice personal hygiene.

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BP ignored some safety regulations in order save $1 Million per day on the Horizon Deep Water Drilling Platform. How much did those violations end up costing the company

Answers

Ignoring some safety regulations in order save $1 Million per day. The amount that  those violations end up costing the company is $100 Billion.

What is safety regulation?

Safety regulation can be defined as a set of rules and regulation that an employees are mandated to follow so as to prevent work hazard.

Based on the given scenario ignoring the safety regulation so as to save $1 million per day  will cost the company $100 Billion.

Which is why companies made it compulsory for employees to follow the saftey standard set so as to ensures that employees work in a safe and conducive environment .

Inconclusion the amount that  those violations end up costing the company is $100 Billion.

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Use the calculator to complete the following
conjectures about determinants
Matrix Calculator
Change A
Change
BV
If any row of a matrix contains all zeroes the
determinant is equal to
DONE
0
0
0
0
L
[
]
[
]
0
0
0
0
C = 1
d = 1
Operation
Select Operation
Result
undefined
Intro

Answers

Answer:

0

0

0

1

Explanation: ur welcome

If an insurer is incorporated in Rhode Island, but primarily does business in New York, what type of insurer is this considered in New York

Answers

If an insurer is incorporated in Rhode Island, but primarily does business in New York. This is called foreign insurer.

Who is an insurer?

An insurer can be defined as a person who  insured a person or a person who provide insurance coverage.

An Insurer has their business situated or established in the United States of America but carried out is business activities in another country like New york this  will be tend to be called foreign insurer in New york because the business is not domiciled in New york but United state of america.

Inconclusion this is called foreign insurer.

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Pete has met with a group of professional investors to raise funds for his new legal research technology company, Techlaw Pros. The professional investors focus exclusively on funding technology companies in the legal field and are demanding substantial control over Techlaw Pros through sitting on the board of directors. Pete is seeking money from

Answers

Pete is seeking money from a venture capital firm by meeting with a group of professional investors to raise funds for his new legal research technology company, Techlaw Pros.

What is venture capital firm?

Venture capital firm is a private equity investor that gives the capital to those companies who have high growth and in return for an equity stake in the company.

It give preference to the startup companies or the small companies that wants to diversify their business.

Hence, Pete is seeking money from a venture capital firm by meeting with a group of professional investors to raise funds for his new legal research technology company, Techlaw Pros.

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To ensure efficient clear communication ics requires the use of:.

Answers

Answer:

ICS requires the use of common terminology, meaning standard titles for facilities and positions within the organization.

Explanation:

Nile River Scuba has never paid any dividends. Six years ago, the firm's stock was selling for $24.58 per share. Today the stock is priced at $42.91. What was the compound annual return over the past 6 years

Answers

Answer:

multiply

Explanation: calc?

under what circumstances would it be efficient to impose a higher abatement standard for a psd region than for a non-attainment region

Answers

Impose a higher abatement standard for a PSD region if marginal social cost equals marginal social benefit at the higher abatement level in the PSD region.

What Are Marginal Social Costs and Benefits of Abatement?

The marginal social cost of abatement is the change in society's total cost of reducing one more unit of pollution.

The marginal social benefit of abatement is the change in benefits associated with reducing one more unit of pollution.

Both the marginal social cost and benefit of abatement are considred as an incentive for the reduction of polluting emissions.

When imposing an abatement standard for a PSD region versus a non-attainment region, it would be more efficient to impose a higher abatement standard for the PSD region than for the non-attainment region if marginal social cost equals marginal social benefit at the PSD region's higher abatement level.

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What is the missing amount in this physical flow of units? Work in process, August 1 9,000 tons Units started in August ? Units completed during August 19,000 Work in process, August 31 2,000 tons Group of answer choices 12,000 tons 10,000 tons 30,000 tons 8,000 tons None of these answers is correct.

Answers

Based on the beginning and ending Work in Process and the units completed, the Units started in August must be 12,000 tons.

What amount of units were started in August?

This can be found by the formula:

= Units completed during August + Work in process Agust 31 - Work in process August 1

Solving gives:

= 19,000 + 2,000 - 9,000

= 21,000 - 9,000

= 12,000 tons

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________________ economists place an emphasis on __________ run economic performance.

Answers

Neoclassical economists place an emphasis on Long run economic performance.

What is Neoclassical economics?

Neoclassical economics is a type of economics that focuses on the amount of goods and services that is demanded to produce.

This theory believes that without quantity demanded, production of goods cannot be possible.

Therefore, Neoclassical economists place an emphasis on long run economic performance.

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_________ addresses the means by which leaders provide direction to get workers to accomplish tasks whereas _________ addresses how leaders interact on a personal level with workers.

Answers

Leadership addresses the means by which leaders provide direction to get workers to accomplish tasks whereas relationship addresses how leaders interact on a personal level with workers.

What is leadership?

Leadership explains how an individual is able to lead someone that is subjected to him for guidance, counsel and training.

It describe the relationship that exist between followers and the leader and how it influence the learning process.

Therefore, Leadership addresses the means by which leaders provide direction to get workers to accomplish tasks whereas relationship addresses how leaders interact on a personal level with workers.

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Imagine that you are reading one of your favorite magazines. If you see a logo and recognize the brand as it is being presented to you, this is an example of Blank______.

Answers

When reading a magazine, seeing a logo and recognizing a particular brand, corresponds to an example of assisted recall.

What is assisted recall?

It is an aided brand recognition technique, that is, it can also be performed as a market research technique where consumers are encouraged to respond about their knowledge of a brand.

Therefore, assisted recall can demonstrate the ability of a brand to be easily recognized and identified through its characteristics, such as colors, logo and design.

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Answer: It is aided recall.

To reduce inventory management costs, many companies use a system called ________, which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation.

Answers

Answer:

just in time logistics

Explanation:

Quizlet

T_
------ Y
Robotics and automation are increasingly used in
the travel and tourism industry to handle labour
intensive and mundane tasks.

Answers

Answer:

Yes.robotics and automation are increasingly used in the travel and tourism industry of handle labour intensive and mundane tasks

Grants are typically awarded based on

Answers

Answer:

Grants are awarded based on Demonstrated Financial Need. Demonstarted Financial Need is based on the cost to attend college as well as how much the family will contribute.

__________________________________________________________

Questions?

Ask in the comments box.

On January 1, Forward Company issues bonds that have a $27,000 par value, mature in 6 years, and pay 10% interest per year. Interest payments are paid to bondholders semiannually on June 30 and December 31. How much interest does Forward Company pay to bondholders every six months if the bonds are sold at par

Answers

The amount of interest that Forward Company pays to bondholders every six months if the bonds are sold at par is $1,350.

What is bond interest?

The bond interest is the finance expense that Forward Company, the issuer of the bonds, pays to bondholders periodically.

It is computed as the Face value multiplied by the interest rate multiplied by 1/2 if interest is paid semi-annually.

See detailed calculations below.

Data and Calculations:

Face or par value of bonds = $27,000

Interest rate = 10%

Maturity period = 6 yars

Interest payment = semiannually

Interest per semi-annual = $1,350 ($27,000 x 10% x 1/2)

Thus, the amount of interest that Forward Company pays to bondholders every six months if the bonds are sold at par is $1,350.

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The coordination of promotion and other marketing efforts for maximum informational and persuasive impact defines Group of answer choices tactile communication. integrated marketing communications. proxemic communication. communication. kinesic communication.

Answers

The coordination of promotion  for maximum informational and persuasive impact defines: Integrated marketing communications.

What is Integrated marketing communications?

Integrated marketing communications can be defined as the way in which brands or product  promotional activities are effectively managed and coordinated.

This promotional activities includes:

Sales promotionBrands promotionMedia advertisementDirect marketing etc

Therefore the coordination of promotion  for maximum informational and persuasive impact defines: Integrated marketing communications.

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