John qualifies for a high-interest car loan. Making a down payment will what

Answers

Answer 1
Answer: down payments are a sum of money you pay up front 
like you pay 100 dollars before the bank gives you the loan thats a down payment

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Making a credit card minimum payment:A Means you are paying a small portion of your total credit card debt
B Is the same thing as making a late credit card payment
C Will have a negative effect on your credit score
D Will cause your credit card to be cancelled

Answers

A is correct answer. The minimum payment is the smallest amount you can pay to your credit card company without having to make extra payments or incur extra charges. It is calculated based on the interest rate and the amount you borrowed. However, as the amount you are repaying decreases, so does the minimum payment, so you always end up only paying off a small portion of the total debt.

The correct option 'Making a credit card minimum payment' A Means you are paying a small portion of your total credit card debt.

Making a credit card minimum payment means that you are paying the minimum amount required by your credit card issuer each month. This amount is typically a small percentage of your total credit card debt, usually around 2-3%. It is important to note that making only the minimum payment will result in carrying a balance and incurring interest charges on the remaining debt. It is always recommended to pay more than the minimum to reduce your overall debt and avoid excessive interest charges.

Making a credit card minimum payment is not the same as making a late credit card payment. A late payment occurs when you fail to make the minimum payment by the due date, which can result in late fees and potentially negative effects on your credit score.

While making only the minimum payment may not have a positive impact on your credit score, it typically does not have a significant negative effect either. However, consistently making only minimum payments and carrying a high balance can be seen as a sign of financial stress and may eventually have a negative impact on your creditworthiness.

Making the minimum payment will not cause your credit card to be canceled. However, consistently missing payments or defaulting on your credit card can lead to your credit card being canceled by the issuer.

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Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are estimated at $3.4 million. If the building is remodeled, Heartland Insurance has agreed to pay an additional $820,000 a year in rent for the next 5 years. The discount rate is 15 percent. What is the benefit of the remodeling project to Professional Properties?

Answers

Answer:

- $651,234.54

Explanation:

Data provided in the question:

Cost of remodeling = $3.4 million = $3,400,000

Rent paid each year = $820,000

Duration, n = 5 years

Discount rate, r = 15% = 0.15

Now,

Present value of the amount rent paid each year = A × \left[ (1-(1+r)^(-n))/(r) \right]

Here,

A = Rent paid each year

Thus,

Present value of the amount rent paid each year

= $820,000 × \left[ (1-(1+0.15)^(-5))/(0.15) \right]

= $820,000 × 3.352153

= $2,748,765.46

Therefore,

Benefit = Present value of the amount rent paid - Cost of remodeling

= $2,748,765.46 - $3,400,000

= - $651,234.54

Accrued liabilities are obligations for which there is noexternal transaction. Select one: True False

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The statement "Accrued liabilities are obligations for which there is no

external transaction" is FALSE because accrued liabilities are obligations that a company has incurred but has not yet paid for or recorded.

Accrued liabilities, also known as accrued expenses, represent a company's financial obligations that have been incurred but not yet recorded in its financial statements or paid.

They are a result of the accrual accounting method, which requires revenues and expenses to be recognized when they are earned or incurred, rather than when cash is received or paid.

These liabilities typically represent expenses that have been incurred but not yet invoiced or paid, such as wages, interest, or taxes. Although there may not be an external transaction that has occurred (like receiving an invoice), accrued liabilities still represent real obligations that the company is responsible for paying.

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Which description BEST applies to today's U.S. worker? Question 1 options: a) working more at the office, leaving home for fun b) feeling more bored, and less interested in working hard c) working harder and longer, feeling more insecure d) slacking off more at work, enjoying leisure more

Answers

Answer:

Option C. working harder and longer, feeling more insecure

Explanation:

The reason is that the increase in automation has resulted in increase in unemployment and the result is that their is huge decrease in the jobs and the jobs that were previously unfilled are now filled due to increase in unemployment. Furthermore, this lead to increased bargaining power of the company position against the job seeker. This resulted in decrease in the wages of the employees as well.

All of the above issues resulted in increased hardwork desires of companies and insecurity of the people of America.

How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market?

Answers

In a monopoly, prices are usually higher because there's no competition, whereas in a competitive market items that are not priced accordingly may never sell. For example, if you are the only bread-maker in town you can charge whatever you want - if people want bread they have to pay your prices, period. But in a competitive market where there are 20 other bread-makers, your prices have to remain competitive with the other 20 or no one will buy your bread.

Which of the following rules should be used to keep the appropriate distance between your vehicle and the vehicle in front of you?A. Golden rule
B. Two-car length rule
C. Two-second rule
D. Both A and C

Answers

The rule that should be kept for the appropriate distance between your vehicle and the vehicle in front of you is the two car length rule. This helps keep accidents from happening to the person driving behind. 
The right answer for the question that is being asked and shown above is that: "B. Two-car length rule." The rule that should be used to keep the appropriate distance between your vehicle and the vehicle in front of you is that of Two-car length rule