What is credit? What is debt? What does your credit score tell lenders about you? What are four tips for using credit wisely? What are three alternate ways of building up enough credit to get a credit card? What is a loan? What is the principal? What are assets? What is collateral? What is installment credit? What is noninstallment credit? What is revolving credit?

Answers

Answer 1

Credit is the amount of money that a company will lend to you, and debt is the amount of credit that you have borrowed and still owe.

Your credit score has many components: payment history, amount of available credit that you are using, length of your credit history, types of accounts (credit mix), and new credit.

A loan is a type of credit, and assets are things of value  that you own by yourself without owing money on them.

Collateral is assets that you can use to secure a loan, so that if you don't pay what you owe the lender can take those assets from you to recover the amount you owe them.

Installment credit is a loan that you pay in chunks every month/year. Revolving credit is automatically renewed as you pay off the debt. If the credit amount is $1000, and you borrow $500 you will have $500 left. If you then pay off $200 you will automatically have $800 of credit available to you.

Answer 2

Answer:

Credit is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately, but promises either to repay or return those resources at a later date.  

Explanation:


Related Questions

All of the following course requirements must be completed to earn a bachelor's degree at most four-year colleges except

A. electives
B. general education requirements
C. minor requirements
D. major requirements

Answers

Answer: The correct answer is choice c - minor requirements.

Explanation: When a student is working towards earning a bachelor’s degree at most four year colleges they are not normally required to choose a minor. The standard requirements are normally electives, general education requirement and major requirements.

Answer: C

Explanation:

Because major would be for something higher and electives arent common core

The difference between simple and compound interest in a savings account is that ______________. Question 16 options: You will always earn less than 10% interest with a simple interest savings account You will always earn more than 10% interest with a compound savings account. You will earn more interest with a compound interest savings account You will earn more interest with a simple interest in a savings account

Answers

Answer:

The difference between simple and compound interest in a savings account is that You will earn more interest with a compound interest savings account

Explanation:

The interest in a compound interest savings account is greater than the interest in a simple interest savings account because compound account takes the account balance plus previous paid interest (Balance+previous interest) in order to calculate the interest that the bank is going to pay for the funds that are in the account.

However, simple interest saving account only calculate the interest based on the current balance of the account.

what is a budget deficit?​

Answers

Opposite of a budget surflus

A budget deficit occurs when an individual, business or government budgets more spending than there is revenue available to pay for the spending, over a specific period of time. Debt is the aggregate value of deficits accumulated over time.

^ these are not my own words, credit to google for this definition

Out of all the business types you learned about,is the most complex in order to form.

Answers

Ranging from a sole proprietorship to a business corporation, a business corporation in the most complex type of business to form. Corporations are for-profit operations formed under the laws of a particular state and regulated by that state, as well as other agencies depending on what the business does.

Answer:

The correct answer would be 'Corporations Businesses'.

Explanation:

There are many forms of businesses. These forms include Sole proprietorship, Partnership, Corporations, Limited Liability, Private Limited, etc. Out of all these, Corporations are considered the most complex form of business. This is because of the fact that there are many people involved in it as Directors and shareholders. There are a lot of legal formalities involved in forming the corporations. Decisions cannot be made by one person solely rather it must need the consent of directors' majority. The stocks of the corporations are available for the general public who enjoy dividends on their share almost every year.

Our society is increasingly becoming more diverse. Discuss how this affects you as an individual, an organization, and society as a whole—the benefits and the challenges. What are your views about diversity quotas in colleges (based on gender, ethnicity, etc.)?

Answers

Answer

Hello,

Well, a diverse society is stable and alive with positive dynamics, easy to adapt to changes and always geared towards a positive evolutionary.

As an individual, a diverse society offers greater opportunity for personal and professional growth.

In the society, diverse cultural views can inspire creativity and innovation. A diverse society has a pool of diverse skills base which allows an organization to produce broader and more adaptable range of goods and services.

A challenge in this is that integration across multicultural groups can be difficult due to negative cultural stereotypes. Some countries require navigating visa and application of employment laws that could be challenging requirements.

Diversity quotas in colleges can be outlawed but still allow colleges to consider race in admitting students.

Wish you luck!

Diversity in society has a number of benefits such as it leading to more innovation and creativity.

Why are diversity quotas good?

People from different backgrounds have different perspectives and experiences, which can lead to more creative and innovative solutions to problems.

When people from different backgrounds interact with each other, they learn more about each other's cultures and perspectives. This can lead to better communication and understanding between different groups of people.

People from different backgrounds may however have different communication styles and may not understand each other's cultural norms. This can lead to misunderstandings and conflict.

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Why did the business world expand in the south?






Answers

it expanded in cotton sales, if that's the time period u are speaking of...

Final answer:

The business world expanded in the South due to improved transportation networks and industrial growth in sectors such as textiles and steel. These changes provided new job opportunities and investments, shifting the economy from agriculture to a more diversified industrial base. This transition enabled the region to develop further economically.

Explanation:

Why did the business world expand in the South?

The expansion of the business world in the South can be attributed to several factors, including the development of new transportation networks and industrial growth. By the turn of the twentieth century, the South witnessed a significant rise in manufacturing industries such as textiles, tobacco, furniture, and steel, attracting investments and providing new job opportunities.

Detailed Explanation:

The development of transportation networks facilitated the movement of goods and raw materials, making the region more accessible and attractive for business operations.

Industrial growth in sectors like textiles, tobacco, furniture, and steel created vast employment opportunities, allowing people, including women and children, to shift from subsistence farming to wage work.

This diversification from agricultural dependence provided new wealth and investments, which helped in developing the region's infrastructure further, creating a positive feedback loop for continued economic expansion.

The relocation of the rural poor to these industrial jobs due to financial necessity helped in alleviating extreme poverty and provided a sense of stability even though most jobs were low-paying.

In conclusion, the business expansion in the South was primarily driven by improved transportation, growth in manufacturing industries, and the transition of the workforce from agriculture to industry, setting the foundation for a diversified economy.

Which of the following should you do during an interview?
Demand specific benefits.
Explain why your previous job was wrong for firing you.
Tell stories of how you worked with others to complete a project or solve problems.
Tell them you do not plan on learning any new technology skills.

Answers

C because it makes you seem the most likeable

Answer:

A

Explanation:

What type of Credit allows you to borrow a specific amount and agree to pay in a specific number of payments of equal amounts?

Answers

bloting i think it is thatn

Answer:

The correct answer is Installment.

Explanation:

There are many types of credits you can ask for, one of them is the Installment credit. This credit consists of a loan that will be paid month by month in equal amounts of money until the debt is paid.

The advantage of this loan is precisely that the payment of each month is fixed, and will not change.

These loans usually have a longer duration to finish paying off the debt, an example of this type of loans is a mortgage.

To apply for a loan you must have a good previous credit record, an annual increase that is appropriate for the loan you are applying for and a stable employment or source of income.

Given this information, we can say that the correct option is Installment.

When considering creditworthiness, which person is likely to pay the GREATEST credit card finance charges if they all charge the same amount each month on their cards?
A) James, who always pays the minimum each month
B) Georgia, who sometimes pays more than the minimum amount
C) Mary Lou, who always pays the full credit bill each month
D) Mark, who usually pays his credit card bill in full, if he can afford to

Answers

A) James, who always pays the minimum each month. Individuals who pay only the minimum on credit cards may pay higher finance charges and will likely accrue more debt over time.

James, who always pays the minimum each month, is likely to pay the GREATEST credit card finance charges because he carries a larger balance over time, which leads to more interest accumulation. Hence correct option A.

When considering creditworthiness and who is likely to pay the greatest credit card finance charges, we must look at the payment behaviors of the individuals in question. James, who always pays the minimum each month, is most likely to incur the highest finance charges because he will carry a larger balance over time, leading to more interest accumulation. Georgia, who sometimes pays more than the minimum, and Mark, who usually pays his bill in full if he can afford to, will likely have lower finance charges as they pay off more of their balance regularly. Mary Lou, who always pays the full credit bill each month, will pay no finance charges as she does not carry a balance.

Let's say each person has a balance of $2,000 on their credit card with a minimum payment of $60 (approximately 3% of the balance). If James only pays the minimum, his principal reduction is slower, and he pays interest on a larger balance for longer. If Georgia adds $10 to her minimum payment, she reduces her principal balance more quickly, thus accruing less interest. Mark, if he can afford it, will often eliminate or significantly reduce his balance, minimizing interest charges. Mary Lou avoids all finance charges by paying in full each month.

Credit card debt should be managed wisely to avoid paying excessive interest; consistently paying off the balance in full each month is the most cost-effective method.

Mitchell is assisting the Accounts Manager in a project by entering information in the spreadsheets. What types of data can Michelle enter in to the cell?

A. graphs and charts

B. formula and values

C. graphs and values

D. formula and charts

Answers

the correct answer is B, formula and values

Data can Michelle enter into the cell is values, labels and formulas into a spreadsheet. Option (B) is correct.

What do you mean by Graphs?

In mathematics, a graph is defined as a pictorial representation or diagram that organizes data or values.

Microsoft Excel is a spreadsheet program that is part of the company's Office product line for business applications. Users can format, organize, and calculate data in a spreadsheet using Microsoft Excel.

Microsoft Excel includes a variety of features for performing various operations such as mathematical calculations, graph tools, pivot tables, macro programming, and so on.

Therefore, Option (B) is correct.

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Whenever Madelyn thinks about being a veterinarian, she experiences a positive, enthusiastic feeling. Because her feeling isn’t based on conscious reasoning, Madelyn identifies the feeling as her _____.

goal
destiny
intuition
only option

Answers

Answer:

The correct option is C. intuition

Explanation:

Intuition can be described as a quality in which a person thinks of something to be right due to his/her instinctive feeling. There is no logical reason for that thing to be right but still, a person understands or believes it to be true. For example, in the above question, Madelyn does not have any conscious reasoning for her being a veterinarian yet it just feels right to her. Hence, this is her intuition.

intuition

Madelyn identified feelings as her intuition.

Further Explanation

Completing a sentence is an activity carried out in answering a question whose sentence is incomplete. So in completing it must use a word provided in the answer choices.

Intuition is a term for the ability to understand something without going through rational reasoning and intellect. Intuition is the ability of humans to gain direct knowledge or direct insight without first observing or reasoning.

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completed senteces https://brainly.com/question/13232003

Details

Grade: Middle School

Subject: Business

keyword : Statement, Intuition

Keeping your interview appointment and arriving on time are both _____. interview skills interview challenges team building skills problem-solving tasks

Answers

Keeping your interview appointment and arriving on time are both  interview skills

Answer:  The correct answer is :  interview skills

Explanation:  Punctuality is taken as an efficient organizational capacity, which shows interest, respect, seriousness, good image. Being unpunctual in the interview could expel the person from the process for generating a bad image and also distrust.

Which of the following is an award of money that students do not need to pay back?
A. A grant
B. A fee
C. A Direct PLUS Loan
D. ADirect Stafford Loan

Answers

It is a grant if that will help u

Which of the following is an

award of money that students

award of money that students

Push technology is used in a variety of Web-based advertising and marketing initiatives. True False

Answers

The answer is true.

Push technology is used in web based advertising and marketing.

the _ is a financial aid program based on financial need that provides funds for student employment

Answers

Answer

Hi,

The Federal work study fund

Explanation

This is a federally funded program for students that demonstrate financial need who are offered part-time jobs to help them earn money to pay for college or career school fees. The work offered is community service oriented and payments are paid hourly depending on the number of hours a student works.

Best wishes!

Answer:

Federal Work-Study Program

Explanation:

The Federal College Work-Study Program provides jobs for students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to your course of study whenever possible.

As of the 90's, by up to what percentage do the wages of male and female employees in the marketing industry differ?

Answers

For under 25 year olds, around 2~5%, while 40~50 year olds, around 35-40%

As of the 90's. The percentage that the wages of male and female employees in the marketing industry differ is 54%.

What is wages?

Wages can be defined as the money a person or an individual earn on a per week on a daily basis.

In the 90's the different in wages for both males and females employees differ by 54% based on the fact that the wages males and females employee earn on a daily or weekly basis was not the same because female earn less than the men.

Therefore the percentage that the wages of male and female employees in the marketing industry differ is 54%.

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Respecting team members means agreeing with everything they think. True False

Answers

false: it means you dont have to agree with them but you have to respect their opinion

False, you can disagreeing and pointing out flaws respectfully can further the  path to the goal

Which type of business can most easily raise financial capital?
a corporation
a limited partnership
a sole proprietorship
a general partnership

Answers

The answer is A corporation

Answer:

A  

Explanation:

just took  the quiz

how do i create a successful ad for a shopify store

Answers

Answer

Hi,

First install the social media marketing app, set up an account with customized followers for your campaigns and lastly use the marketing section on the shopify admin part to create the campaign.

Explanation

First, a user has to understand the basic requirement for social media marketing apps such as a having a published social media page for the business. Well, on the shopify admin section select marketing, then create a campaign for the add while choosing the carousel ad option. Set up a campaign for marketing using the app. On the settings, ensure you select the target country for your audience and confirm that the ad is billed to that specific add account. Then you are good to go!

Hope this helps!

Final answer:

To create a successful ad for a Shopify store, understand your target audience, craft a clear and compelling message, use attention grabbing visuals, and measure ad performance using analytics.

Explanation:

Creating a successful ad for a Shopify store involves understanding your audience, crafting a clear message, and focusing on visuals. First, understand your target audience's needs and interests. You can use demographic information, customer reviews and feedback to identify these key insights. Next, craft a clear and compelling message that communicates the benefits of your products or services. This should include a strong call-to-action, encouraging the audience to visit your Shopify store.

Moreover, make sure to use attractive visuals in your ads. Utilize high-quality photos or short videos of your products. Remember, the visuals should complement your messaging, not detract from it. Try to achieve a balance between the two. Lastly, use analytics to measure the performance of your ads. This will help you understand what's working and what's not, enabling you to make necessary adjustments to your ad campaigns for increasing sales in your Shopify store.

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Answer the following question in your own words:

What is the relationship between organizing and controlling?

How do output control and behavior control differ?

Why is it important for managers to involve subordinates in the control process?

What kind of controls would you expect to find most used in (a) a hospital, (b) the navy, (c) a city police force? Why?

Please answer!!!!!

Answers

Answer:

C

Explanation:

Answer:

C

Explanation:

If you wanted to make and sell a new product, which kind of economic system would be best for your business? Explain

Answers

marketing economic system would be best because of the fact that it is prioritized in the making and distributing of products.

If it helps, then plz mark me the brainlies answer. ;)

Final answer:

The best economic system for making and selling a new product is a market-based economy, or capitalism, where private ownership and market forces drive business decisions and production.

Explanation:

If you wanted to make and sell a new product, the best kind of economic system for your business would likely be a market-based economy, commonly referred to as capitalism. This system emphasizes private ownership of productive resources and relies on market forces to determine what to produce, the price, and which firms will thrive. In a market economy, as a business owner, you have the freedom to innovate and respond to consumer demands. You can maximize your profits by changing with the market conditions.

In contrast, government-based or command economies decide what will be produced and set prices, which can lead to inefficiencies and shortages of goods that are not deemed profitable by private firms. Market economies are also capable of reaching equilibrium effectively through the forces of supply and demand, although they are not without challenges such as potential market failures or the underproduction of certain goods, as with the tetanus vaccine example.

Given these considerations, a market economy offers the best environment for starting and running a business, where entrepreneurship is rewarded, and consumer preferences drive production and sales.

6. (a) Outline two forms of assistance given to Entrepreneurs by the government.

(b) Discuss two reasons why the government should assist Entrepreneurs.

(Principles of business)​ PLEASE HELP THIS IS DUE WITHIN THE NEXT HOUR​

Answers

A. One form of assistance given to entrepreneurs by the government is subsidized loans through the Small Business Administration to help get started. Local governments may help entrepreneurs by giving them tax incentives like not charging them property taxes for a set period of time if they locate their new business in their town or county.

B. The government should assist entrepreneurs because new businesses normally mean new jobs, and it is very important to keep the job market healthy. Another reason that they should help entrepreneurs is because small businesses often make big contributions to society, so by helping the small businesses they are helping people in general. For example, a small business that takes care of elderly people in their home are improving the quality of life for the elderly people so that they don’t need to move to a nursing home.

To what phase of the employment cycle does training belong?....

Answers

The answer is onboarding.

There are normally five stages of the employment cycle. They are recruiting, onboarding, developing, retaining and offboarding. Training falls into the onboarding category when you are starting with the company and receiving the training that you need in order to do the job.

What is one of the biggest advantages of e-commerce for the producer? E-commerce has helped producers to expand their _________ and reap benefits of increased sale.

Answers

E-commerce has helped producers to expand their reach. They can reach more customers this way.

Why is it important to measure the performance of the economy?
to protect the savings of bank depositors
to keep prices low
to encourage low-risk investments
to help government planners make good decisions

Answers

to help government planners make good decisions is the best option

Out of the choices provided above, it can be said that it is necessary to measure the performance of an economy to help the government planners make good economic decisions in the society. Therefore, the option D  holds true.

What is the significance of economic decisions?

An economic decision can be referred to or considered as a decision that is taken with an intention of bringing or implementing economic growth or development in the society. Such decisions are generally taken by authorities of economy in the society.

In societies, where the control of economy is in the hands of the government, then its planners analyze the regular performance of an economy in order to implement better economic decisions for the upcoming financial period.

Therefore, the option D holds true and states regarding the significance of economic decisions.

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A decline in interest rates is expected to __________.

Answers

A decline in interest rates is expected to put the economy in recession. This is because with less interest comes less money earned and less spending as a result.

Explanation:

There are two types of interest rates in the economy. The first one is the rate of interest that banks or financial institutions give to the people for keeping their money with the bank for a specified period of time. The second one is the rate of interest which people have to pay for the loan they borrowed from the banks or financial institutions. There is a huge difference in both of the interest rates. If you are asking about the interest rate which banks pay to the people, then with the decrease of that interest rate, people will less likely to put their money in banks and thus the circulation of money will increase in the economy and the inflation would in turn increase. But if you talk about the interest that people have to pay on borrowing loans, then the decline in such interest rate will encourage people to take more loans and grow their businesses or anything they want. This would increase the economic activity in the country and thus economy will grow.  

What factors are important to consider in order to write clearly and effectively

Answers

Know the purpose/goal of your piece Know your audience and adjust your tone accordingly Use correct vocabulary, grammar, spelling, and punctuation Clearly communicate the main ideas

Answer:

Use correct vocabulary, grammar, spelling, and punctuation

Explanation:

The use of vocabulary is necessary to make your reader know that you have good ideas on the topic. So also good use of grammar i.e how tho place the words correctly in their right order. Spelling too is important because when the words are not correctly spelt, there is the tendency that the message will not be passed properly and lastly, punctuation marks which is the most important for the message to be complete.

What potential problems might you have while driving a large vehicle ( drivers ed )

Answers

you'll wreck obviously -_-

Several problems. anything in the steering rack breaks, its gonna be one heck of a day. Jake brakes go bad quick. clearance and gas mileage being more issues. small spaces you cant fit into

Why would mediation cost less than court trials? Check all that apply.
1. It does not require attorney fees.
2. Mediation fees do not equal attorney and court fees.
3. Mediation is not as effective as a trial.
4. Mediators try to solve cases by negating laws.

LAW

Answers

The correct answer is choice 2.

When two parties enter into mediation they will work with a mediator to solve their problem. The fees that they incur during mediation are much less than what they would incur if they were to prepare for and go through a trial.

Although mediation does not require an attorney, both sides normally will work through mediation with their attorney. The attorney are often even present at mediation.

Final answer:

Mediation costs less than court trials primarily because it requires lower or no attorney fees and the overall mediation fees are less than the combined cost of attorney and court fees.

Explanation:

Why Mediation Costs Less Than Court Trials

Mediation is often less expensive than court trials for several reasons. First, mediation does not typically require the same level of formal legal representation, which can reduce or eliminate attorney fees. Second, the structure of mediation fees are generally lower and do not equate to the combined cost of attorney and court fees required for a trial. It is important to note that mediation is a different process from a trial and is not about negating laws, but rather about finding a mutually acceptable solution between parties. Mediation's effectiveness is based on its collaborative approach rather than an adversarial one found in trials, which does not make it less effective, just different.

Match each situation with the contracts or documents that the individuals will sign.

Answers

Bob - Mortgage agreement

Libby- Passport

Joseph - Title

Debby- Will

Answer:

Title: Joseph purchases a vehicle and retains the document until he sells the vehicle.

Will: Debby has signed a personal document and has left it with her attorney. In the document, she lists her wishes for her estate on her death.

Mortgage agreement: Bob borrows money from a bank to buy a property and retains the document until he has paid off the loan completely.

Passport: Libby shows this document to prove her identity while she travels abroad.

Explanation:

The documents were matched to each situation according to their meanings:

-Title is a document that indicates the ownership of an asset.

-Will is a document in which a person indicates how his/her properties should be distributed after his/her death.

-Mortgage agreement is a contract someone has with a financial institution in which the property is a guarantee for the payment of the loan and the lender can take the property if the loan is not paid.

-Passport is a document issued by the government that proves the identity of a person and it is used when traveling abroad.

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Please help!!! Will give brainliest!!! Write a number with one decimal place that is bigger than 6 4/5 but smaller than 7 Write a conclusion about the effects of the Cold War here. Your conclusion must be at least one paragraph (6 - 11 sentences) in length. ONLY How do this global cities create a network of international relations and connections? Which statements about fresh water and salt water are true? Check all that apply. 1. A pond is a source of salt water. 2.Fresh water is essential to all life on Earth. 3.Half of Earths water is fresh water. 4.Most of Earths water is stored in the oceans. 5.Oceans are the largest source of fresh water. Why did Andrew Jacksons Presidency lead to the Second Party System? The principles that you live by, such as integrity and honor, are called your _____. There is a safe way to measure illegal drugs in order to avoid overdosing.Please select the best answer from the choices provided.TF The measures of the three angles are 45, 75, and 60. how many triangles can you make What was the goal of the reforms established in the new constitution A) to establish single-party ruleB) to protect wealthy landowners C) to support relations with other nations D) to promote democracy HELP PLZ I NEED THIS Why were the Macandal Revolutions so important? List 3 reasons. sara has 24 sweets tim also has 24 sweets sara gives tim x sweets sara then eats 7 of her sweets tim then eats half of his sweetswrite an expression for the number of sweets sara and tim have now Find x in this right triangle. Two sides of a triangle measure 18 meters and 11 meters. If the perimeter of the triangle is 37 meters, what is the length of the third side? 12 m 8 m 66 m 30 m i need the mean of 17, 19, 21, 23 when using the alternating method to write the body paragraphs of your literary analysis essay ,present A. all your data for the entire paragraph first and follow it with all your explanations .B. a bit of data and follow it immediately with your explanation;then move to the next bit of data.C. one bit of data and follow it with your explanation; then move to the next paragraph. Toshi has to work at the car wash for 3 hours. So far, he has worked 1 3/4 hours. How many more hours will it be before he can leave work? How long did it take to travel the oregon trail? The number of chocolate chips in an 18-ounce bag of chocolate chip cookies is approximately normally distributed with mean 12521252 and standard deviation 129129 chips. (a) What is the probability that a randomly selected bag contains between 10001000 and 15001500 chocolate chips? (b) What is the probability that a randomly selected bag contains fewer than 10251025 chocolate chips? (c) What proportion of bags contains more than 11751175 chocolate chips? (d) What is the percentile rank of a bag that contains 10501050 chocolate chips? Dave, another dog on the team, refuses to be let out of the harness and is eventually shot because he...a.is hungry and can't find food anywhere else.c.wants to attack Perrault and Francois.b.refuses to not do his duty even though he is deathly ill.d.wants to attack the other dogs. Steam Workshop Downloader