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lapo4ka [179]
2 years ago
7

Evelyn has taken out a college loan. She needs to pay $500 every month for two years to repay the loan. What kind of loan does s

he have? Select one of the options below as your answer:
A. a fixed-rate loan
B. a variable-rate loan
C. a constant-rate loan
Business
2 answers:
Studentka2010 [4]2 years ago
8 0
Evelyn has taken out a colleage loan. She needs to pay five hundred dollars ($500) a month for the next two years to repay the loan. This type of loan is called the fixed-rate loan. The interest rate does not fluctuate during the period of the loan. The answer would be letter A.
olga55 [171]2 years ago
3 0

<u>Determination of type of loan:</u>

In the given case Evelyn has taken out a college loan. She needs to pay $500 every month for two years to repay the loan. It means she has to pay the equal installment for the loan period and the interest amount is already determined by the bank. In other words we can say that there interest rate is already fixed.

A variable-rate loan is a type of loan under which the interest rate changes with the change in the bank rates and it also changes the interest and installment amount.


Hence the Correct option is:

A. a fixed-rate loan  



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A pharmaceutical manufacturer offers monetary incentives to its sales representatives to promote a new drug to the medical profe
Advocard [28]

Answer:

pull strategies                            

Explanation:

A pull tactic is a method used to get one to the consumer. Rather of pressing the company into the client, pull approach includes the use of pull strategies or knowledge exchange to draw the consumer. Such clients would also continue selling the company for you.

The industry words pushing and pulling emerged in manufacturing and business process planning, but are now commonly used in promotions, as well as becoming a concept commonly used in hospitality delivery. Walmart is indeed an example of a corporation employing the push vs. pull technique.

6 0
2 years ago
A census is a regularly-occurring and official count of a particular population. Census data available at the United States Cens
likoan [24]

The census data i.e. available at the United States Census Bureau website represents the example of public information.

The information regarding the United States Census Bureau is as follows:

  • It is the principal agency that should be held responsible for the national census for a minimum of 10 years.
  • Also at the same time, it generates data for the economy.
  • Moreover, public information represents an example of this.

Therefore, we can conclude that the census data i.e. available at the United States Census Bureau website represents the example of public information.

Learn more about the census here: brainly.com/question/12833550

7 0
2 years ago
During its most recent fiscal year, Raphael Enterprises sold 380,000 electric screwdrivers at a price of $20.40 each. Fixed cost
Gwar [14]

Answer:

Option (a) is correct.

Explanation:

Pretax income = Contribution - Fixed cost

Contribution = Pretax income + Fixed cost

                     = $1,824,000 + $1,444,000

                     = $3,268,000

Sales - Variable Cost = Contribution

Variable Cost = Sales - Contribution

                       = (380,000 electric screwdrivers × $20.40 each) - $3,268,000

                       = $7,752,000 - $3,268,000

                       = $4,484,000

3 0
2 years ago
You’ve been asked to participate at a prestigious and well-attended annual conference within your industry. Your participation r
Kay [80]

Answer:

Making sure that your view points are clearly heard.

Explanation:

Effective communication can be defined as the process of passing out information in a clear and concise manner. It is a means of successfully conveying information to the listener.

Effective communication helps to improve productivity among employees in an organisation. This type of communication can be enhanced by a good body language.

In the scenario described above, an effective communication can be achieved by ensuring that your viewpoints are clearly understood by the audience.

4 0
2 years ago
Silver Corporation has provided the following information concerning its raw materials purchases. The budgeted cost of raw mater
kakasveta [241]

Answer:

$171,619.20

Explanation:

The computation of the budgeted accounts payable balance at the end of November is shown below:

= Budgeted cost of raw materials purchases in November × following month percentage

= $286,032 × 60%

= $171,619.20

As 40% is paid in the month of purchase whereas 60% is paid to the following month. So, we recognized 60%, not 40%

4 0
2 years ago
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