Pretend you are a highschool student who makes minimum wage. You want to buy a new car, but you are $10,000 short. You are looking at the two loans identified below. Explain which loan is more appealing and why you would choose that over the other. Use details to support your answer.
Thanks for the help!!!
Answers
The benefit of Loan B is the term of payment is longer and the monthly repayments are lower. This could be good for someone working minimum wage due to having a low income.
In conclusion, I think Loan A would be better due to the interest being lower which is always a plus for loans.
Related Questions
Austin is starting his first job at the local bowling alley. What can Austin do to make a good first impression on his first day of work?
Arrive to work late.
Be kind to customers.
Criticize his co-workers.
Invite his friends to visit him at work.
Answers
Answer:
Be kind to customers
Explanation:
Be kind to customers because when a customer is well treated the customer will intend to come often
What kinds of products
and property do cyber-
protection laws cover?
Answers
Answer:
Act of threatening to share information about a person to the public, their friends or family, unless a demand is met or money is paid
Explanation:
If an owner-occupied home is totally destroyed without fraud by a fire, the amount of the loss is based on:
Answers
It should be noted that if an owner-occupied home is totally destroyed without fraud by a fire, the amount of the loss is based on policy limit.
A policy limit can be regarded as the monetary amount that is required to be paid by insurance company with respect to a specific insurance policy claim.
Therefore, in case of an owner-occupied home is totally destroyed without fraud by a fire, this loss is policy limit.
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According to the table, what is Omar’s bank balance? $761. 25 $810. 30 $814. 75 $1,186. 25.
Answers
Omar's bank balance based on the given table is equal to $761.25.
Given the following data:
Pharmacy (debited) = $15.20Rent (debited) = 425.00Dinner (debited) = $22.30Movie tickets (debited) = $26.70Paycheck (credited) = $1,015.50Initial balance = $219.80To calculate Omar's bank balance based on the given table:
First of all, we would determine the total amount that was debited from Omar's account.
[tex]Total\;debit = 15.20+425.00+22.30+26.70[/tex]
Total debit = $474.05
Next, we would solve for his previous balance:
[tex]Previous \;balance = Credit + Initial\;balance\\\\Previous \;balance = 1015.50 + 219.80[/tex]
Previous balance = $1,235.3
Now, we can calculate Omar's bank balance:
[tex]Bank\;balance = Previous\;balance - Total\;debit\\\\Bank\;balance =1235.3 -474.05[/tex]
Bank balance = $761.25
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What is an example of good workstation ergonomics?
Elbows closed
Seat too high
Straight neck and back
Wrists bent
Answers
Answer:
Back should be straight with a slight lordosis (inward curve) in the lower spine. Neck and head upright (ears aligned with your shoulders) Shoulders should be pulled back but relaxed. No twisting or leaning on one side.
you are the owner of a rapidly growing e-commerce business and you are looking for ways to customize your ads. since your team is extremely busy, you want to find an external solution to keep your ads updated and relevant. in order to accomplish this goal, you may consider purchasing _______.
Answers
Ecommerce firms, which are those that send goods, services, and funds over the internet, range in size and breadth from retail behemoths to small businesses.
What is Automation Software?Automation software is a type of program that reduces the need for human intervention and may be employed in practically any sector. Automation software, at its most basic, is intended to convert recurring, routine operations into automated actions.
Thus Purchasing subscription of automation software will be correct answer.
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What is the purpose of long-term disability insurance?
Answers
To provide financial support if not working.
All of the following are examples of labour intensive industry EXCEPT: *
1 point
Psychiatry
teaching
manufacturing
sports coaching
Answers
Answer:
Psychiatry
How?
Teaching is a capital intensive industry as it's depends upon the people and trade.Sports coaching is a industry and it also involves the intention of trade.Manufacturing also has intense of trade.Psychiatry doesn't has the intention of trade so it's the answerAn appraiser completes an appraisal for a homeowner in preparation for obtaining a loan. The appraiser provides a letter report and sends a bill for his preparation of the appraisal. He bases the cost of his work on a percent of the amount of the value his opinion finds. What is the situation here
Answers
The situation here is that the appraiser is:
Taking a percentage for his services from the appraisalBased on the given question, we can see than when an appraisal is made, the appraisal which is actually a written report that makes an estimate of the present value of a piece of property.
With this in mind, we can see that the appraiser preferred to take his payment from the percentage value of the value of the property which he appraised. This method is sure to give the appraiser more money than he would have made, especially if the value of the property was quite high.
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Zola just secured her first job after college, and she's heard that it's important to start investing for her retirement. She can afford to put 5% of her monthly salary toward retirement. What type of account should she choose for this goal? * 1 point IRA CD MMA HSA
Answers
Answer:
IRA
Explanation:
An individual retirement account or IRa is the account that Zola needs to use for proper investing because of her retirement plans.
What is an Individual Retirement Account(IRA)?The Individual Retirement Account is one of the very few accounts or motives that have been taken into consideration for the purpose and benefit of early retirement during the process. The most important thing is that the Individual Retirement Account helps to lead a life after retirement more peacefully and also without any kind of headaches.
The other most important thing is that individual retirement Account helps to provide some of the best options for savings, by not deterring taxes, and also by some level it sometimes may also become tax-free.
Individual Retirement Accounts are mainly of three types. Although personal IRAs could also be seen as Inherited IRAs and Custodial IRAs. Hence, the above statement is proven.
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Use this example from a fixed-rate mortgage calculator to help you answer the questions. Keep the page open after you complete this question. According to the calculator, the monthly payment Demarco and Tanya should anticipate paying for principal and interest is $208. $877. $669. $1,200.
Answers
Answer:
C, $669
Explanation:
Edge 2022
The closest answer is $877, which may be the monthly payment for a different loan amount or interest rate.
What is interest rate?The interest rate is the amount charged by the lender to the borrower in addition to the principal amount.
In terms of the receiver, a person who deposits money in any bank or financial institution earns extra money due to the time value of money, which is referred to as interest received by the depositor.
Using the provided information, we can calculate the monthly payment for the fixed-rate mortgage using a mortgage calculator.
Plugging in the numbers into a mortgage calculator, assuming monthly payments, we get:
Principal: $170,000
Term: 30 years
Interest rate: 4.25%
Thus, the calculated monthly payment for principal and interest is $834.82.
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A firm produces goods for which substitute goods are produced in all countries. Appreciation of the firm’s local currency should:
A) Increase local sales as it reduces foreign competition in local markets.
B) Increase the firm’s exports denominated in the local currency.
C) Increase the returns earned on the firm’s foreign bank deposits.
D) Increase the firm’s cash outflow required to pay for imported supplies denominated in a foreign currency.
E) None of these.
Answers
A firm produces goods for which substitute goods are produced in all countries. Appreciation of the firm’s local currency should none of these. Thus, option (e) is correct.
What is firm?The term firm refers to the company as are main motive to earn profit with increases the sales. The firm are involved in the partners, owner, employees, and workers. The firm are the provided the employment and the generating the profit.
According to the firm was the produces goods for the sale in the market, but the substitute goods are produced in all countries. It was the not to based on the increase in local sales, increase the firm’s exports, increase the returns earned and the increase the firm’s cash outflow. There was not too none of these.
As a result, the a firm produces goods for which substitute goods are produced in all countries. Therefore, option (e) is correct.
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Kelsey is researching the eating habits of elephants. She types “elephants” into her search engine and it returns a lot of results she doesn't need. What is the best way Kelsey can get more specific results?
Change her research topic.
Read through the results.
Use a different search engine.
Use specific keywords.
Answers
Answer:
Use specific keywords.
Explanation:
Changing the research topic wouldn't do anything but give her more questions she didn't need. Reading through the results would be a waste of time since it says all of the results are stuff that didn't help her. Using a different search engine has no matter in the situation.
a new machine with a purchase price of $109,000, with transportation costs of $12,000, installation costs of $5,000, and special acquisition fees of $6,000, would have a cost basis of:
Answers
Based on the information given the cost basis is $132,000.
Using this formula
Cost basis=Purchases price+ Transportation costs + Installation costs + Special acquisition fees
Where:
Purchases price=$109,000
Transportation costs=$12,000
Installation costs=$5,000
Special acquisition fees=$6,000
Let plug in the formula
Cost basis=$109,000+$12,000+$5,000+$6,000
Cost basis=$132,000
Inconclusion the cost basis is $132,000.
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The ______ is a roadmap that displays how all the specific activities fit together to accomplish the project work scope.
Answers
Based on project management, the Network Diagram is a roadmap that displays how all the specific activities fit together to accomplish the project work scope.
Network Diagram in Project ManagementGenerally, Network Diagram is a tool used by project managers to visualize the whole concept before the work is carried out. It is also used throughout the project to determine how the work is to be done, including the duration and methods, sequence, and dependency.
Benefits of a Project network diagramVisual representation of work or project in progress.Ascertaining project workflows.Tracking dependencies and potential stoppages.Hence, in this case, it is concluded that the correct answer is Network Diagram.
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Which option identifies the type of budget development represented in the following scenario?
The Board of Directors of a large cereal manufacturer mandates a 6 percent increase in profits for 2015 and requests operating budgets from each department.
bottom-up approach
top-down approach
incremental method
zero-based method
Answers
Answer:top approach
Explanation:
What is a natural risk that businesses should consider when establishing their information-management procedures
Answers
Customer ________ is the unique combination of benefits received by targeted buyers that includes quality, convenience, on-time delivery, and both before-sale and after-sale service at a specific price.
Answers
The unique combination of the various benefits a target buyer receives can be referred to as: customer value.
What is Customer Value?Customer Value can be described as the perceived benefits a customer derives from purchasing a product or service when compared to other alternative of same products.Customer value = benefits less cost.Therefore, the unique combination of the various benefits a target buyer receives can be referred to as: customer value.
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What are the required components of a database function? Check all that apply. = D in front of the command a single argument range field criteria.
Answers
The required components of a database function in the computer science and programming includes:
=D in front of the command Range Field CriteriaAccording to the given question, we are asked to state the required components of a database function and how this is essential for the database to function properly.
As a result of this, we can see that the required components of the database function include the =, the range, field, criteria and the D in front of the command.
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Answer:
your answer is a b d e f
Explanation:
ALL of the following are reasons firms change from labour intensive to capital intensive EXCEPT:
Quality
Finance
Technology
Quantity
Answers
Answer:
quantity.
Explanation
terms will change from labor-intensive to capital-intensive to increase the efficiency of Labor which will ultimately result in the increase production
Answer:
Quantity
Explanation:
Whether they implement more labours or decrease the amount of labours it hardly matters the production or quantity of productionSo option D is correct
how to calculate how much taxes come out of paycheck
Answers
One difficulty in using voluntary transactions to internalize externalities is that: _____________
a. the government usually will not enforce contracts of this type.
b. people are motivated by self-interest and are often unwilling to engage in a transaction that might make another person better off.
c. transaction costs of coming to an agreement can be very large when numerous people are involved.
d. people usually don't understand what the real opportunity costs are that they face.
Answers
Answer:
jesus
Explanation:
lol
Jack has become a franchise of sonic and his local community this as enable him to have access to blank in order to sell the product
Answers
Answer:
the knowledge, processes, and trademarks of Sonic
Explanation:
which economic advantage does eastern europe enjoy because of its location next to russia?
Answers
Max is a newly licensed real estate agent. He gets a position with a brokerage firm that plans to pay him commissions, not a salary. What kind of contract might Max want to make with his new firm
Answers
The type of contract which Max would have to draw up for his firm which is based on commissions and not salary is:
An independent contractor agreementBased on the given question, we can see that max is a licensed real estate agent who gets a job with a brokerage firm and he is expected to make commissions instead of having a fixed salary.
With this in mind, the type of salary which Max would have to make with his new firm would be an independent contractor agreement because this would help him to work with more freedom and close sales and collect his commissions.
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How are NAFTA, the EU, and ASEAN similar
Answers
Answer:
Each decreases trade barriers among neighboring nations.
Explanation:
Emily's grandmother bought her a treasury bond in 2020. When will it reach its maturity date?
Α.
2030
B.
2040
C.
2045
D
2050
Answers
Answer:
The correct answer is: D. 2050
Explanation:
Answer: 2050
Explanation: Treasury bonds are sold in $1,000 increments and have a 30-year maturity date.
Thus, 2020 + 30 years = 2050
PLS ANSWER QUICK!!! Which law prohibits discrimination against federal government employees with disabilities?
A. The Civil Rights Act of 1991
B. The Equal Pay Act of 1963
C. The Fair Labor Standards Act
D. The Rehabilitation Act of 1973
Answers
The law that prohibits discrimination against federal government employees with disabilities is:D. The Rehabilitation Act of 1973.
What is e Rehabilitation Act of 1973?The Rehabilitation Act of 1973 is a federal law that prohibits discrimination against individuals with disabilities in programs or activities conducted by federal agencies, as well as by employers that receive federal financial assistance. The law also requires federal agencies to take affirmative action to employ and advance individuals with disabilities, and to provide reasonable accommodations to enable them to perform their job duties.
Therefore, this law specifically prohibits discrimination against federal government employees with disabilities, and ensures that they are afforded equal employment opportunities and protections under the law.
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True or false :Equifax experian and transunion are legally obligated to provide identical information
Answers
It should be noted that Equifax experian and transunion are legally obligated to provide identical information.
What is Experian and Equifax?Experian and Equifax serves as a credit bureaus in the U.S that collect and research credit information.
They help individuals to rate the overall ability to pay back a debt.
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Oil refining is an example of:
Construction Production
Extractive Production
Domestic Production
Traditional Production
Answers
Answer:
Explanation: step by step