Which of the following loans will typically offer the lowest interest rate

Answers

Answer 1

Answer:

The option (c) is correct.

Mortgage loan offers the lowest interest rate.

Further explanation:

Mortgage loan:

Mortgage loan is a type of loan where the asset is used as a collateraland then the loan is disbursed. Mortgage payment remains constant. The issuer of the loan specifies the amount of the mortgage payment and the time interval of the payment. So the amount of mortgage payment remains same for all the installments. The loan is secured by the asset therefore, there is very low risk as the asset can be used in case of default. The low risk nature of the mortgage loan results in the low-interest rate.

Therefore, mortgage loans have a low rate of interest.

Justification for the correct and incorrect options:

Payday loan: This is an incorrect option.

Payday loan has the highest rate of interest.

Car loan: This is an incorrect option.

Car loan has the higher interest rate than mortgage loan,

Mortgage loan: This is the correct option.

Mortgage loans are guaranteed by assets therefore, has the lowest rate of interest.

Credit card: This is an incorrect option.

Credit card charges a high rate of interest on the amount borrowed.

Learn more:

1. Learn more about the collateral loans

brainly.com/question/9913858

2. Learn more about loaning the money

brainly.com/question/1373941

3. Learn more about the mortgage payment

brainly.com/question/3073010

Answer details

Grade: Senior School

Subject: Business Studies

Chapter: Bonds & Debentures

Keywords: loans, typically, offer, lowest, interest rate, payday loan, car, loan, mortgage, credit card.

Answer 2

Answer: Student loans, which are given to those in college by the federal government, are most commonly known as the loans with the small interest rates. These loans are fixed rates and will not increase overtime, they just accumulate monthly untilt he loans are paid off.

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If a monopolist or a perfectly competitive firm is producing at break-even point then they're basically equaling their average revenue to the average total cost - ii.

This basically means that they are operating at a level where the amount which they produce relates to the amount they spend.

Which of the following is NOT true regarding personal finance today? A. The Internet has made it easy to access personal financial products. B. There has been an increase in nonbank financial service providers. C. Nonbusiness bankruptcy filings are up. D. Personal finance no longer requires careful planning.

Answers

I believe the correct answer from the choices listed above is option D. It would be personal finance no longer requires careful planning that is not true regarding personal finance today. No matter what generation it is, careful planning is still a must. Hope this answers the question.

Accountants need not worry about calculations based upon the concept of the time value of money. Is this true or false?

Answers

The statement above is considered FALSE. The concept of time value of money or TVM states that money available at the present time is worth more than the same amount in the future because of its potential earning capacity. This principle holds that money is worth more earlier. Therefore, accountants should account for the calculations because the value of money changes overtime.

Shares of ABBO stock are currently selling for $14.43 a share. The last annual dividend paid was $1.61 a share, and dividends increase at a constant rate. If the market rate of return is 14 percent, what is the dividend growth rate

Answers

Answer:

The dividend growth rate is 3%

Explanation:

Given that:

Dividend : $1.61 (D)
Price: $14.43 (P)
Market rate of return: 14% = 0.14 (r)

As we know that, the formula to find the price of a stock is:

P = D / (r - g)

In this question, we have:

14.43 = 1.61 / (0.14 -g)

<=> 0.14 - g = 1.61 / 14.43

<=> g = 0.14 - 0.11

<=> g = 0.03 = 3%

So the dividend growth rate is 3%

Answer:

Growth rate = 2.56%

Explanation:

Using the divided growth model

P = D× (1+g)/(ke-g)

P- price of stock, g- annual growth rate, Do- last dividend paid, Ke- market return

Substituting, we have

14.43 = 1.61(1+g)/(0.14-g)

cross multiplying

=14.43× (0.14-g) = 1.61 + 1.61g

2.0202- 14.43g = 1.61 + 1.61g

2.0202 -1.61 = 1.61g + 14.43g

0.4102 =16.04g

g = 0.025573566 × 100

Growth rate = 2.56%

What range of interest rate on atraditional loan can a company in good
financial standing expect from a bank?
A. 1% up to 10%
B. 15% up to 25%
C. 30% up to 45%
D. 50% and up.

Answers

The correct answer is B

Confused as heck need helpAnother name for withdrawal is ...

debit
credit
memo
check register

Answers

Answer:

memo

Explanation:

i think it would me debit

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