Q: How does the credit card company calculate the interest payment?
A: The credit card has been an important tool to increase the purchasing power. This facility has…
Q: Describe five ways that will ensure the properly used of accumulated savings by the government.
A: Governments have a vested interest in influencing the country's economic savings and investments.…
Q: Why would a bank lending officer be interested in thecash flow statement of a company that is…
A: Cash flow refers to the quantity of cash or cash-equivalent that a corporation gets or expends as…
Q: Define interest and explain how interest rates vary based on risk, maturity, loan size, and…
A: The interest rate is the return that an individual receives from the financial asset in the economy.…
Q: Determine the Future Value of a Lump Sum of Money
A: The future estimation of money is essential to organizations since it considers the expected rate of…
Q: Describe the Borrowed-Funds Concept?
A: Lent capital is money which is lent and used for making an investment. This varies from equity…
Q: Short term savings and loans are part of what
A: Financial Market generally in an economy is characterized as – Money Market and Capital Market…
Q: Why do poor people lack access to financial services?
A: In developing countries, most of the poor or underprivileged people lack proper access to financial…
Q: Advantage and Disadvantage of Building and Loan Associations from Private Nonbank Thrift…
A: The loans are amount of money which are borrowed by the various individuals or the firms. The loans…
Q: Which pair of phrases correctly matches the specific type of loan with the broader category it best…
A: Answer: Student loans are generally given for a long period of time. It is because students take a…
Q: How many weeks would it take to increase the debt of a simple discount loan by 114% if the annual…
A: Debt refers to the amount owed for money borrowed. The lender agrees to lend money to the borrower…
Q: When selecting a financial institution, you should consider: (select all that apply) convenience,…
A: Financial Institution is an institution such as central banks, commercial Banks, credit unions etc.…
Q: Explain why someone might want to put a “red flag” on their own credit report.
A: A red flag refers to a warning that is put on the credit report if something suspicious, fraudulent,…
Q: 7. Represents share in the ownership of the capital corporation. a. Bond b. Mutual fund c. Stock d.…
A: “Stock” represents share in the ownership of the capital corporation Bond is a type of debt…
Q: Why do the creditors generally charge higher interest rates on new borrowing?
A: The interest rate is the amount that the creditor charges with the principal from the borrower to…
Q: Summarizes some of the interest formulas?
A: Simple interest = (P*R*T)/100 where, P : Principal amount R : Rate of interest per annum…
Q: What are the annual payments necessary to pay a $100,000, 12-year loan if the loan rate is 8 %
A: The loan rate is defined as the rate of interest at which the loan is paid to the bank. It means the…
Q: 5 ways to manage credit risk
A: Credit can also refer to an individual's or a company's creditworthiness or credit history. It…
Q: what does it mean when banks are paying people to get loans?
A: The financial system of the nation is considered to be one of the most prominent, and important…
Q: What motivations and constraints apply to students who are considering differentschools and loan…
A: For applying to the students' loans there are some motivations as well as constraints. Also, for…
Q: college student borrowed $46,000 to pay for tuition, room, and board. Some of the money was borrowed…
A: * SOLUTION :-
Q: what are zero-coupon bonds also called?
A: Answer: A zero-coupon bond is a bond that is sold at a discounted value or lesser value than par. It…
Q: What are the factors affecting the amount of money paid for the use of borrowed capital or the…
A: In a capital market, organizations raise capital/funds by borrowing money from the market…
Q: How Dalio’s concept about borrowing from one’s future self might change a decision one might make…
A: Debt is when one party borrows something from another, most commonly money. Many businesses and…
Q: When consumers and businesses have greater confidence that they will be able to repay loans
A: Loan repayment is defined as the act paying back the loan. This loan repayment occurs through a…
Q: credit unions differ from savings institutions
A: More number of saving banks come together are called savings institutions. More number of loan…
Q: How can we calculating effective Interest Rates based on Payment Periods?
A: The effective annual interest rate is the interest rate on investment or return on a savings account…
Q: How does the bank offer two repayment plans?
A: Loan repayment is an act followed by the borrower to pay back the borrowed amount to the lender. The…
Q: Explain Borrowed-Funds Concept?
A: A firm can raise capital to finance its investment projects via borrowing or equity. Borrowed…
Q: Differentiate between Simple interest and Compound interest?
A: In economics, interests are the costs of borrowing money. The economic agent who is borrowing the…
Q: Which is the most desirable form of a lump-sum settlement?
A: A lump sum settlement implies that the person who claims will receive the whole amount in a single…
Q: The first thing paid when repaying a loan is the principal. True or False?
A: Principal denotes the original amount of money borrowed by the individual for meeting his/her needs.…
Q: What is the maturity date of a loan taken out on September 9, 1998 for 125 days?
A: The loan is taken out on September 9, 1998, for 125 days So maturity date of this loan will be 125…
Q: Explain with detail about interest rate deposit facility and lending facility
A: Answer-
Q: What is a bond?
A: Bonds are fixed income securities and acts as a loan to a borrower. It is a kind of contractual…
Q: Which Interest rate is better to use the simple interest or compounded interest plan, explain your…
A: The interest rate is the amount charged on the principal by the borrower to the borrower to use the…
Q: What does the interest rate measure?
A: Market interest rate refers to the interest rate that the lenders expect or demands from the…
Q: How does amortization help in making loans affordable?
A: Concept Amortization is the technique of repaying a loan in monthly interest and principal…
Q: How can trade credit help businesses to manage theircash flow?
A: Trade credit allows the buyers to make payment on a later date for the goods purchased. It is a…
Q: Construction loans fit under the loan category known as .......
A: Construction loan is taken in order to finance construction or building of a house. Another name for…
Q: what is the difference between Credit and Consumer credit?
A: Introduction Credit is a types of arrangement to receive cash or any service which you can use in…
Give an example of a loan repayment plan?
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- Which type of short-term loan is secured with Treasury bills as collateral? A. Commercial paper B. Repurchase agreements C. Certificates of deposit D. Federal fundsExplain with detail about interest rate deposit facility and lending facilityWhy do the creditors generally charge higher interest rates on new borrowing?