Answer:
1. Economic Growth and Regulatory Paperwork Reduction Act - <em>Consumer has less paperwork to go through to buy a new house</em>
The Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA) is a law that requires that the regulatory bodies of Federal Deposit Insured Corporation insured institutions such as banks and savings organisations review the documents they require from said banks to see if there are any unnecessary requirements needed. This will translate to fewer paperwork for the customers of such banks who for instance seek a mortgage to buy a house.
2. Fair Credit Reporting Act - <em>Consumer disputes financial information reported to a credit scoring company</em>
The Fair Credit Reporting Act (FCRA) gives consumers the right to dispute the information reported to a credit scoring company. It also regulates how these companies are allowed to collect and share the acquired data.
3. Federal Deposit Insurance Act - <em>The FDIC has the right to review companies for consumers</em>
4. Children's Online Privacy Act - <em>Consumer refuses to provide their five-year-old child's financial data to a company.</em>
The Children's Online Privacy Protection Act was passed in 1998 as a means to allow parents to determine what information about their children that websites can collect. Children in this case refers to people under the age of 13.
Answer:
6.4 minutes
Explanation:
Average small tool per day = 445
working hours = 8 so that is 8*60 = (480 minutes)
Waiting time =
![\frac{[445*(\sqrt{1} )]}{[2*[480-(445*1)]]}](https://tex.z-dn.net/?f=%5Cfrac%7B%5B445%2A%28%5Csqrt%7B1%7D%20%29%5D%7D%7B%5B2%2A%5B480-%28445%2A1%29%5D%5D%7D)
(image of the operation on the attach file)
=[445]/[(2*35)]
=445/70
=6.357 minutes
Answer:
120 months or 10 years earlier
Explanation:
The computation of the number of years early would pay off the loan is shown below:
By using the financial calculator
RATE = 4% ÷ 12
P V = $50,000
PMT= -$203.24 - $302.99
FV = 0
CPT N=120
Now for extra payment it would take 120 months
And without extra payment it would take
= 20 × 12
= 240 months
So either 120 months or 10 years earlier
It is called "Remote Journaling."
Answer:
Total cost of Ticket = $96
Explanation:
Provided information,
Total number of people buying lottery ticket in a joint contribution = 10
Two people withdraw being short of funds, therefore people buying such ticket = 8
Revised share increase by $2.40 each.
Total increase = $2.40 
8 = $19.20
Just because 2 people withdraw, thus earlier contribution per person = $19.20/2 = $9.60
Therefore, total cost of ticket = $9.60 10 = $96
