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2 years ago

Which describes the difference between secured and unsecured credit?

Mathematics

2 answers:

Zolol [24]2 years ago

8 0

Answer:

Step-by-step explanation:

When a lender lends credit say for purchase of a car or a house, the lender will get some security for his safety of funds. In case of default, he resorts to selling the security and getting his credit adjusted.

Example: housing loan, car loan, etc.

When a credit is extended without any collateral security or prime security is it unsecured. Example, credit cards, student loans, personal loans. These are given only depending on the reputation of the borrower without any other security to be sold in case of default.

kramer2 years ago

7 0

A secured credit is secured by something else. An example is that a home mortgage is secured by the home.

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Robby had 4 4/9 bags of pet food.All of the bags held the same amount of food when they were full.Of Robby's 4 4/9 bags of pet f

Tpy6a [65]

Answer: 1.8 bags

Step-by-step explanation:

From the question, given that robby have 4 4/9 bags of pet food, 2/5 were dog food

2/5 of 4 4/9 = dog foods

Convert 4 4/9 to proper fraction= 40/9

2/5 of 40/9 means 2/5 × 40/9

= 16/9

= 1.78 or 1.8

I hope this helps, please mark as brainliest answer.

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2 years ago

Clay and Clod thought of the same number. Clay divided the number by 7 to that number and added 14 to the result. He got 23. Clo

Nesterboy [21]

Clod would get 11, because the number they both thought of was 63

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2 years ago

The following exercise refers to choosing two cards from a thoroughly shuffled deck. Assume that the deck is shuffled after a ca

dem82 [27]

Answer:

$\frac{4}{663}$

Step-by-step explanation:

Given that from a well shuffled set of playing cards (52 in number) a card is drawn and without replacing it, next card is drawn.

A - the first card is 4

B - second card is ace

We have to find probability for

$A\bigcap B$

P(A) = no of 4s in the deck/total cards = $\frac{4}{52} =\frac{1}{13}$

After this first drawn if 4 is drawn, we have remaining 51 cards with 4 aces in it

P(B) = no of Aces in 51 cards/51 = $\frac{4}{51}$

Hence

$P(A\bigcap B) = \frac{1}{13} *\frac{4}{51} \\=\frac{4}{663}$

(Here we see that A and B are independent once we adjust the number of cards. Also for both we multiply the probabilities)

8 0

2 years ago

Read 2 more answers

Triangle PQR has coordinates P (2, 4), Q (-2, 4), R (0,-6).

alexdok [17]

Answer: P’ (5,10) , Q’ (-5,10) , R’ ( 0,-15)

Step-by-step explanation:

Just multiply 2.5 by the x,y

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1 year ago

Read 2 more answers

An architect designs a castle tower for a new attraction at a popular amusement park. Blueprints of the tower, which is in the s

marin [14]

Answer:

<u>The surface area of the tower is 5,218.1 m²</u>

Step-by-step explanation:

1. Let's review the information given to us to answer the question correctly:

Height of the blueprint = 47 cm

Length of the blueprint = 23 cm

Width of the blueprint = 25 cm

Scale factor 1 : 96

2. Calculate the actual surface area of the tower and enter your answer in square meters with two decimal places.

Let's calculate the measurements of the actual tower:

Height of the blueprint = 47 * 96 = 4,512 cm = 45.12 m

Length of the blueprint = 23 * 96 = 2,208 cm = 22.08 m

Width of the blueprint = 25 * 96 = 2,400 cm = 24 m

Now, let's calculate the surface area of the tower, this way:

Surface area of the tower = 2* (24 * 22.08) + 2 * (45.12 * 22.08) + 2 * (45.12 * 24)

Surface area of the tower = 1,059.84 + 1,992.5 + 2,165.76

<u>Surface area of the tower = 5,218.1 m²</u>

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2 years ago