Yvette is considering taking out a loan with a principal of $16,200 from one of two banks. Bank F charges an interest rate of 5.7%, compounded monthly, and requires that the loan be paid off in eight years. Bank G charges an interest rate of 6.2%, compounded monthly, and requires that the loan be paid off in seven years. How would you recommend that Yvette choose her loan?

Answers

Answer 1
a.Bank F offers a better loan in every regard, so Yvette should choose it over Bank G’s.
b.Yvette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.
c.Yvette should choose Bank G’s loan if she cares more about lower monthly payments, and she should choose Bank F’s loan if she cares more about the lowest lifetime cost.
d.Bank G offers a better loan in every regard, so Yvette should choose it over Bank F’s.

The answer is B
Answer 2

Answer:

Your answer is vette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.


Related Questions

What is not true about bartering?

Answers

Bartering can be more time-consuming than trading with money.
Hope it helps.














































What happens in one sector of the economy often affects other sectors of the economy.
A. True
B. False

Answers

True.

The sectors in an economy are interdependent, such as the primary, secondary and tertiary sectors. Farmers may use security or storage services, and may provide vegetables for restaurants providing a dining service.

The answer to your question is true

__________ is a specialized accounting book, where transactions are categorized according to type. for example, all utility transactions are recorded in the same category.

Answers

the ans is a balanced sheet it the only acounting document that categorizes data

the ans is a balanced sheet it the only accounting document that categorizes data

PLEASE HELP!!!!!


How did poor intellectual property laws benefit the United States during the Industrial Revolution?

They decreased labor costs.
They increased exports.
They encouraged people to buy goods produced in the U.S.
They allowed entrepreneurs to make advances to industry.

Answers

encouraging people to buy goods produced in the U.S.

I think your answer would be C. They encouraged people to buy goods produced in the U.S.

a certain bank assigns a unique number to each savings account. the amount of savings in each account depends on how much the owner deposits into the account. The interest pain on each account depends on how much money is in the account.
Which of these relations is not a function?
A.(interest paid, savings account number)
B.(interest paid, amount in saving account)
C.(savings account number, interest paid)
D.(savings account number, amount in savings account)

Answers

Based on the scenario,
I think the relations that is not a function is :
B. (interest paid, amount in saving account)
The last two options are definitely a function

Hope this helps

Answer:

B

Explanation:

In which stage do you decide whether a business opportunity is a good fit for your personality.

A.) identify
B.) plan
C.) start
D.) operate

Answers

The best stage for you to decide if a business is good for your personality is IDENTIFY. So your option is option A. I hope this helps you a lot 
the best stage to decide whether a business opportunity is a good fit for your personality is A.identify

which is an example of an economic factor that affects the business environment ?

Answers

Here are a couple of things hope they help

1.)  Interest rates
2.) Taxes Inflation
3.) Currency
4.) exchange rates
5.) Consumer discretionary income
6.) Savings rates
7.) Consumer confidence levels
8.) Unemployment rate
9.) Recession
10.) Depression

Final answer:

Good weather is an example of a natural condition that can affect the supply of agricultural goods by improving crop yields, which in turn impacts the business environment.

Explanation:

An example of an economic factor that affects the business environment is changes in weather or climate conditions. These changes can significantly influence the cost of production, particularly for agricultural products. For instance, good weather can improve crop yields, thus increasing the supply of agricultural goods in the market. Conversely, poor weather, such as droughts or floods, can decrease supply, leading to higher market prices. Businesses need to consider these fluctuations when planning their production cycles and pricing strategies.

Other factors that also affect supply include changes in the prices of inputs, advancements in production technology, and certain government policies that can either facilitate or hinder production processes, thus impacting the business environment.

Effective feedback should focus on the behavior, not the person.truefalse

Answers

the answer to this question is false

Effective feedback should focus on the behavior, not the person. When someone focus's the feedback on the person, it is not considered effective.

The answer is: False

E-mail allows business professionals to _____.
a. send a message electronically
b. create a technical drawing of a building
c. scan a barcode
d. create a slide show

Answers

the duck says send a message electronically :v

Electronic mail, also known as email or e-mail, is a form of interperson communication that happens over electronic devices. Therefore, option A is the best one.

What is E-mail ?

Email is available worldwide.Email is a possibility.

All computer networks, primarily the Internet and local area networks, have access to email. today I sent an email The foundation of systems is the store-and-forward model. Email servers deliver, store, forward, and receive emails. Users do not need to be simultaneously online on their computers in order to send or receive messages; they simply need to establish a connection to a mail server or webmail interface.

When "mail" solely referred to physical mail in the past, email was developed as its electronic (digital) counterpart (thus the prefix e- + mail).

An email account is now widely seen as an essential and important component in many areas of business, trade, government, education, entertainment, and other facets of daily life in most countries. Later, email became a common (very well-liked) form of communication.

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Which of the following statements is true about using fonts in business documents?

A. Sans serif fonts, such as Arial, are best in business letters and emails.
B. Use as many different types of fonts in a business letter as you can.
C. There are no standards about using fonts in business documents.
D. Serif fonts, such as Times New Roman, work well in business letters and emails, especially when the font size is small.

Answers

letter a is the correct answer

The statement true about using fonts in business documents is Sans serif fonts, such as Arial, are best in business letters and emails. Thus the correct option is A.

What is the importance of business documents?

Documentation plays a crucial role in corporate governance and operations since it inspires confidence in your company among clients, potential investors, and employees. When defending against litigation and accusations, documentation is efficient handling.

Determining the correct font for your documentation can help them project credibility and dependability. Using expert fonts in your publications will help you leave a lasting impression on readers.

Fonts are an essential component of a brand because, when used properly, they may generate feelings and highlight a business's best qualities. It enables readers to engage with the topic.

Therefore, option A is appropriate.

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A natural monopoly can occur when the average cost of making a good _____ a lot as output increases.

decreases
increases

Answers

A natural monopoly can occur when the average cost of making a good decreases a lot as output increases. Hopefully the demand goes up as well!

The answer is: Decreases

Natural monopoly refers to a type of monopoly that exist because the start up cost to start similar business is too high.

This could only occurs if there is a single company exist for a long period of time, to the point where it acquire enough assets to make the average cost of making their goods at the lowest point while maximizing their inputs.


The first paragraph or part of a business letter is the .

A. supporting details
B. addresses
C. conclusion
D. introduction

Answers

The correct answer should be D

Answer: (D) Introduction

Explanation:

 The first paragraph or the part of the business letter should start with the proper introduction. The primary section of the formal business letters ought to incorporate a prologue to the reason for the business letter. It is very common way to initially thank somebody or to present yourself.

 We should always give some introduction about the topic in the first paragraph and then, include salutation, message and the conclusion. Therefore, Option (D) is correct.  

Which of these businesses are in monopolistic competition?
a. Two clothing shops, one selling women's clothing and the other selling kids' clothing
b.Two agricultural producers, each selling a variety of kinds of citrus fruit
c.Two pet stores, one of which sells dog products and the other of which sells bird products
d.Two phone providers, each offering benefits to customers who switch to its service

Answers

d. because  they want the same customers and have the same product

Answer: d. Two phone providers, each offering benefits to customers who switch to its service

Explanation:

Monopolistic competition occur when there are many firms producing different products which has close substitutes, that is the products are similar. Also, products are known or recognised based on their quality or design and producers are free to enter or exit because there are no barriers. Hence, advertisement is used in promoting sales of goods and services and firms tend to lower prices in order to sell their goods.

How can entrepreneurs avoid getting caught up in the hype surrounding their product or service?

Answers

Entrepreneurs can avoid getting 'caught up in the hype' surrounding their product or service by always maintaining a level head and not obtaining an ego. 


Suppose Spain produces only cars and trucks. The resources that are used in the production of these two goods are not specialized—that is, the same set of resources is equally useful in producing both trucks and cars. The shape of Spain’s production possibilities frontier (PPF) should reflect the fact that as Spain produces more trucks and fewer cars, the opportunity cost of producing each additional truck:
A. increases
B. decreases
C. remains constant

Answers

The correct answer is C. remains constant

If production costs for both are equal, then it is completely the same what the demand is great for, since the cost will always be the same for them. If people want 3 cars and 2 trucks, it will be the same as if they wanted 4 trucks and 1 car.

how is underutilization depicted on a production pssibilities frontier

Answers

Underutiliation is shown by any point that appears inside the production possibilities frontier
Final answer:

Underutilization in a Production Possibilities Frontier (PPF) is represented by any point inside the frontier. This indicates that an economy is not using all its resources to maximum capacity and hence not producing as many goods as theoretically possible.

Explanation:

In economics, the Production Possibilities Frontier (PPF) is a graphical representation of the possible combinations of two goods that an economy can produce using its resources to the fullest potential. However, underutilization can occur when resources are not used to their full capacity, resulting in fewer goods being produced than what is feasible.

On a PPF, underutilization can be depicted as any point inside the frontier. For example, if our economy is capable of producing 100 apples and 100 oranges, but it's currently only producing 50 apples and 50 oranges, this would be a point within the PPF and represent underutilization. It shows that we are not using all available resources to their maximum capacity and hence not achieving full productive potential.

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How do scarce resources influence you personally? What impact does this have on your financial management?

Answers

An example can be fossil fuels. If there's oil shortages and import shortages of oil due to world politics issues, oil prices can go up significantly and since everyone needs cars, even simple things like bread can become more expensive due to transportation costs or things similar to that. If oil is scarce, then you have to pay more for things so you have to be more careful about your spending.

Answer: fossil fuels

Explanation: fossil fuels values revolve around supply and demand becuase there is a shortage of fossil fuels which is why they are worth more and can impact the economy, which would also mess with your financial management

You have returned from a trip to Europe and still have €128 euro. How much in U.S. dollars should you receive if the exchange rate is $1 USD = €EUR 0.6991?

$128.70
$183.09
$127.30
$89.48

Answers

Answer:

183.09

Explanation:

128/0.6991=183.09

$183.09 is the amount in U.S. dollars should you receive if the exchange rate is $1 USD = €EUR 0.6991. Hence, option B is correct.

What is exchange rate?

The rate at which one currency can be exchanged for another is known as the exchange rate between two currencies. In other words, the exchange rate is the cost of one currency relative to another.

You may find out the worth of your currency in another currency using an exchange rate. Consider it to be the cost associated with buying that currency. For instance, in June 2022, the exchange rate between the two currencies was 1.05 for the euro and 0.95 for the dollar.

The price of one country's currency in terms of another country's currency is what is known as the exchange rate. Therefore, £1 will buy you $1.35 if the exchange rate between UK pounds and US dollars is 1.35.

Thus, option B is correct.

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The indirect financial and nonfinancial payments employees receive for continuing their employment with a company are called ________.

Answers

Benefits is the correct answer

Describe at least three things you can do to protect yourself from identity theft. (1-3 sentences. 2.0 points)

Answers

- Dispose of sensitive documents and equipment
- Be careful of what you put in your resume
- Check credit reports for activity

About how many tax returns are selected by the IRS of adults each year?

Answers

A little over 1% of all returns are selected for audit each year.

A sum of money is invested at 12% compounded quarterly. About how long will it take for the amount of money to double?
Compound interest formula: V(T)=P(1+r/n)^nt

t = years since initial deposit
n = number of times compounded per year
r = annual interest rate (as a decimal)
P = initial (principal) investment
V(t) = value of investment after t years

p.S: Please explain, I have a couple problems like this so having an example to go off of would be nice. :)
x Thanks

Answers

If you want the money to double:
V ( t ) = 2 P
n = 4 ( because it is compounded quarterly )
r = 0.12 ( annual interest rate )
2 P = P * ( 1 + 0.12/4 ) ^(4t)  / : P ( we divide both side of equation by P )
2 = ( 1 + 0.03 )^(4t)
2 = ( 1.03 )^(4t)
and because (1.03)^24 ≈ 2 ( using calculator )
4 t = 24
t = 24 : 4
t = 6
Answer:  It will take 6 years.

The really answer is A which is 5.9 years

Which of the following statements explains the relationship between Social Security and Medicare taxes?
a.
Both Social Security and Medicare are applied to all wages up to the maximum taxable earnings.
b.
Both Social Security and Medicare are applied to all wages without limit.
c.
Medicare is applied to all wages up to the maximum taxable earnings. Social Security is applied to all wages without limit.
d.
Social Security is applied to all wages up to the maximum taxable earnings. Medicare is applied to all wages without limit.

Answers

The best and most correct answer among the choices provided by your question is the fourth choice or letter D.

The statement "Social Security is applied to all wages up to the maximum taxable earnings. Medicare is applied to all wages without limit." best explains the relationship between Social Security and Medicare taxes.

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

Answer:

D is the answer

Explanation:

according to the graph of marginal product of labor for a company that makes beanbags, which of the following situations is created when the fourth through seventh workers are hired

a. increasing marginal returns
b. marginal product of labor specialization
c. negative marginal returns
d. diminishing marginal returns

Answers

Answer:

d. diminishing marginal returns

Explanation:

Marginal return on work is a microeconomic concept that aims to measure the increase in the amount produced when an extra worker is hired.

When the fourth employee is contradicted, production increases by 6 units, ie the marginal return of the worker is 6 units. When the fifth employee is hired, production increases by 5 units. When the sixth employee is hired, the production increases by 3 units and when the seventh employee is hired, the production increases by one unit, thus the marginal return of this worker is 1 unit. This means that the productivity of each employee increases, but at a decreasing rate. In other words, marginal returns on production are decreasing from the fourth worker. Note that from the first to the second and from the second to the third marginal returns are increasing (6 and 7 respectively).

The journal entry to reverse the entry of a customer’s nonsufficient-funds check would include a

Answers

credit to Cash. hope this helped ???? lol

The journal entry to reverse the entry of a customer’s nonsufficient-funds check would include a credit to cash.

What is Credit?

Credit may represent many different things in the realm of finance, but it is often understood as a contract where a borrower receives money or something valuable and agrees to pay the lender back at a later time, usually with interest.

A social relationship between a creditor (lender) and a borrower is the fundamental component of credit (the debtor). The debtor agrees to return to the lender, frequently with interest, or face financial or legal repercussions. Extending credit is a practice that dates back to the beginning of human civilization, thousands of years ago.

Today, a meaning of credit that is frequently used still relates to an agreement to buy something with the explicit commitment to pay for it later. This is referred to as a credit purchase. Credit cards are currently the most popular way to make purchases on credit.

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What does Osha stand for?

Answers

OSHA” Stands for the Occupational Safety and Health Administration of the United States Department of Labor

Answer: the other guy is correct

Explanation: Stay safe Have a good day!!

Why do experts agree that small-business management and large-business management are similar in practice?

Answers

I believe the answer is: Similar to large businesses, small business have concerns about obtaining capital and good marketing and management practices


The only difference between the two is the methodology.

Large businesses could afford to obtain larger amount of capital in a large scale by selling stocks, which make them have money to pay large marketing campaign. Small businesses on the other hand tend to have rely on private investor and could only afford to pay small targeted marketing.

How can the fiscal policies of a country influence individual finances?

Answers

Final answer:

Fiscal policies involving decisions on taxation and government spending can profoundly impact an individual's finances by affecting employment rates, loan interest rates, and future tax obligations. Government budget deficits and borrowing can further influence private savings and overall economic growth.

Explanation:

The fiscal policies of a country are a set of governmental actions related to taxation and public spending that can directly influence an individual's financial situation. When the government decides on the levels of spending on goods and services, how it transfers funds to households, and what tax rates are imposed on individuals and firms, these decisions have profound impacts on various macroeconomic variables which, in turn, affect personal finance.

Fiscal policy influences real GDP, employment rates, social security benefits, and the interest rates for loans, potentially altering the money available to individuals either through direct taxation from their paychecks or benefits they receive from the government.  

Michael bought a new car. The sticker price was $6,100. He decided not to buy a warranty or any upgrades to the car. However, he ended up paying much more. Why?

Answers

Answer:

Sales Tax

Explanation:

Some times and most of the times when retailers showcase a certan price they are not including taxes, those are added at the time of paying, so when Michael chose his car he most probably wasn´t considering the Sales tax which depends on the state where he is, and the locality where he is, but it varies from 6% all the way upto 13% between the two of them.

Final answer:

Michael paid more than the sticker price because of sales tax, registration fees, insurance, and potentially interest on a car loan. He didn't add a warranty or upgrades, but these additional costs applied regardless.

Explanation:

The reason Michael might have ended up paying more than the sticker price of his $6,100 car is due to additional costs related to car ownership that are beyond the initial purchase price. These could include taxes, insurance costs, registration, and other fees. Although he decided not to purchase a warranty or any upgrades, these additional fees could still apply. For instance, car sales often involve sales tax, which is an additional percentage of the sale price. Additionally, new cars must be registered with the local Department of Motor Vehicles, and this includes a fee. Also, if Michael is financing the car, he will be paying interest on his car loan, which could significantly increase the total price over time.

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The amount of money in the economy is called the _____.

Answers

The answer would be   Money supply refers to the amount of money available in the economy. It can be in different forms like cash, coins, and balances that are usually held in different checking and savings accounts. It also refers to the entire stock that a country has available within its economy.


Answer:

Money supply

Explanation:

it is trust

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the maximum weight for a truck on the new york state thruway is 40 tons, how many pounds is this? A person runs 1 4 of a mile in 1 32 of an hour. Compute the unit rate by setting up a complex fraction and simplifying. The Sabattier effect is _____________________a.a picture that includes the full face or another feature with much detail.b.a darkroom technique to create surreal images, which is made by re-exposing a partially developed print to light during the processing.c.a printing process in which an image is photographed through a screen on to a sensitized printing plate that after development is etched.d.a process of combining several distinct images to produce a blended or combined picture. This is done by blocking out certain parts during processing, while in the dark room. Graciela picks a white mouse at random from a bin of 8 white mice 2 gray mice and 2 brown mice what is the probability Which of the following is true about the ability of water to produce electricity?A. The kinetic energy of moving water is converted to electrical energy.B. The moving water releases energy to the surroundings in the form of chemical energy.C. The energy produced by moving water is converted to potential energy.D. The total amount of energy produced by moving water is constant. A number added to 8 times that numbers reciprical is 6, find the numbera 3 b 2 c 7 d 14 ...? which are two serous membranes of pericardium? The perimeter of a rectangle is 30 inches. The length of the rectangle is 3 more than twice the width(w). Write an algebraic expression and determine how many inches long are the width and the length of a rectangle? 2. The native population of the Spanish colonies declined rapidly between 1519 and 1605. Why did the native population decrease at such a drastic rate? Include at least three reasons in your explanation. How did the Spanish government respond to the decline? identify a use for glucose in a plant that does not occur in animals why did prohibite movement appeal to so many women Match the terms to their correct examples or descriptions. 1.body language 2.tone and body language3.resolving conflict 4.good way to handle conflict5.way to prevent conflict With a.) interpersonal skill b.) being open-minded to differences c.) taking a deep breath d.) 93% total influence e.) crossing arms and tapping foot Q: Part of the American colonists' anger towards Britain prior to the American Revolution stemmed from the fact thatSelect one:a. England began selling lands west of the established colonies.b. England had been following a policy called "salutary neglect", but then began enforcing taxes to help pay for the French and Indian War.c. King GeorgeIII had continually sent armies to invade the coast of America.d. the colonists believed that they would be better controlled by France. The squirrel reached for the birdfeeder, for he saw it was filled with an abundance of sunflower seeds.The word for in the sentence is used as bothA)a gerund and an adverb.B)a noun and an adjective.C)a preposition and a conjunction.D)a verb and a demonstrative article. Can someone please check this?2x^2 + 50 = 20x2x^2 + 20x + 50 = 0 2(x^2 + 10x + 25) = 0 2(x + 5)(x + 5) = 0 (x + 5)(x + 5) = 0x + 5 = 0 or x + 5 = 0x = 5, x = 5The solution set is {5}. What does the upside-down "U" mean? 7(y-8)=7y+42 how many solutions does the following equations have Read the following passage and answer the questions that follow.The Strange Case of Dr. Jekyll and Mr. Hyde by Robert Louis Stevenson Part 1Mr. Utterson the lawyer was a man of a rugged countenance, that was never lighted by a smile; cold, scanty and embarrassed in discourse; backward in sentiment; lean, long, dusty, dreary, and yet somehow lovable. At friendly meetings, and when the wine was to his taste, something eminently human beaconed from his eye; something indeed which never found its way into his talk, but which spoke not only in these silent symbols of the after-dinner face, but more often and loudly in the acts of his life. He was austere with himself; drank gin when he was alone, to mortify a taste for vintages; and though he enjoyed the theatre, had not crossed the doors of one for twenty years. But he had an approved tolerance for others; sometimes wondering, almost with envy, at the high pressure of spirits involved in their misdeeds; and in any extremity inclined to help rather than to reprove."I incline to, Cain's heresy*," he used to say. "I let my brother go to the devil in his quaintly 'own way.'" In this character, it was frequently his fortune to be the last reputable acquaintance and the last good influence in the lives of down-going men. And to such as these, so long as they came about his chambers, he never marked a shade of change in his demeanour.No doubt the feat was easy to Mr. Utterson; for he was undemonstrative at the best, and even his friendship seemed to be founded in a similar catholicity of good-nature. It is the mark of a modest man to accept his friendly circle ready-made from the hands of opportunity; and that was the lawyer's way. His friends were those of his own blood or those whom he had known the longest; his affections, like ivy, were the growth of time, they implied no aptness in the object. Hence, no doubt, the bond that united him to Mr. Richard Enfield, his distant kinsman, the well-known man about town. It was a nut to crack for many, what these two could see in each other, or what subject they could find in common. It was reported by those who encountered them in their Sunday walks, that they said nothing, looked singularly dull, and would hail with obvious relief the appearance of a friend. For all that, the two men put the greatest store by these excursions, counted them the chief jewel of each week, and not only set aside occasions of pleasure, but even resisted the calls of business, that they might enjoy them uninterrupted.*The biblical story of Cain and Abel is a story about two brothers who gave offerings to God. Abel's offering was accepted by God, but Cain's was not. Jealous, Cain killed his brother. When God asked Cain where Abel was, Cain said, Am I my brother's keeper? By saying this, Cain implied that what his brother did was his own business. (Genesis 4:1-16)Which of these character traits cited in the passage supports the claim that Mr. Utterson was often "the last reputable acquaintance" of "down-going men"?"backward in sentiment""austere with himself""undemonstrative at the best""approved tolerance for others" what type of white blood cells produces antibiotics The figure shows two triangles on a coordinate grid: What set of transformations is performed on triangle ABC to form triangle ABC? A 180-degree counterclockwise rotation about the origin followed by a translation 5 units down A translation 5 units down followed by a 180-degree counterclockwise rotation about the origin A 270-degree counterclockwise rotation about the origin followed by a translation 5 units to the right A translation 5 units to the right followed by a 270-degree counterclockwise rotation about the origin Steam Workshop Downloader