Interest is the cost of borrowing.
a. True
b. False

Answers

Answer 1

Answer: Interest is defined as the amount paid regularly at an agreed rate for the use of money lent. Depending on the agreement of both parties, interest is for the delayed repayment of a debt. So, to answer the question above: True.

Related Questions

Which of the following statements are correct concerning yield-to-maturity (YTM)? a.YTM considers both interest income and price appreciation. b.YTM assumes the bond is called at the earliest possible date. c.YTM is a compounded rate of return. d.YTM assumes all interest payments are reinvested at the YTM rate.
What are cash crops?
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 28,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 500 and 80 units, respectively. Budgeted direct labor costs for June would be:
NEED HELP ASAP! Which of the following graphs represents the housing market with rent control in place?
a person who is named to receive the proceeds from a life insurance policy is a(n) group of answer choices policyholder. beneficiary. child. insurer. contract.

The amount of a good that must be given up to produce another good is the concept of:a.
scarcity.
b.
specialization.
c.
trade.
d.
efficiency.
e.
opportunity cost.

Answers

e.) Opportunity cost is the cost associated with giving up one opportunity for the benefit earned by another.

Identify three challenges bricks construction may encounter when trying to implement their corporate social investment plan inbthe local community

Answers

The right answer for the question that is being asked and shown above is that: "Bricks Construction might not have enough funds to implement a project int he community. It also includes the employees' difficulty in managing the program. Because of this, it will be a difficult to sustain most especially economic's downside."

What is a trade-off?A.)decreasing the amount of resources spent on all wants to reduce the total costs in future
B.)replacing one resource with another resource to satisfy a want
C.)organizing the use of a resource in a manner that fulfills all wants
D.)reducing the amount of resources spent on one want to spend more on another want

Answers

Answer:

D.)reducing the amount of resources spent on one want to spend more on another want

Explanation:

A trade off is a situation where an economic agent has to decide between two options he wants. This is a concept widely used in economic theory, for example when the government will use monetary policy. If monetary policy is expansionary, it may increase the employment rate but cause inflation. If the government pursues a contractionary monetary policy, it may lower inflation but increase the unemployment rate. Then there is a trade-off in the government's choice between inflation and unemployment. Monetary policy will then be administered according to the choice the government makes.

Its D. reducing the amount of resources spent on one want to spend more on another want (100% correct; just took quiz and got all answers right)

The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. What is the par value of each share?a. $40
b. $50
c. $500
d. $400
With _______ insurance, the insured agrees to pay a specific premium each year until death.
a. whole-life
b. endowment life
c. limited-payment
d. half life

Answers

The right answer for the question that is being asked and shown above is that: "c. $500." The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. The par value of each share is c. $500.

The right answer for the question that is being asked and shown above is that: "c. limited-payment." With limited-payment insurance, the insured agrees to pay a specific premium each year until death.

How do you make profit when you open a business

Answers

The fundamental way to earn profit is that the money you get
for selling your product has to be MORE THAN the cost of

   manufacturing the product
+ paying your employees
+ paying the taxes on your business
+ keeping your machinery maintained and working
+ advertising
+ paying yourself
+
+
+
etc.

BUT ... If the price of your product is too high, then everybody will buy them
from your competitor instead of from you, and you won't sell any at all.

It's a delicate balance.

40 years ago, I asked a wise sage with whom I traveled and worked: Advise me
on how to acquire great riches in an honest business. He gave me the Secret,
and now I give it to you:

He said:
   "Invent something which nobody has and everybody wants,
       which can be made for peanuts and sold for a fortune."

Advertisements, signs, making offers,

Match each type of insurance with a situation in which the insurance would be useful.1: When you need to visit a doctor about an illness
2: When your house and possessions are destroyed by a fire
3: When your car is damaged by someone who has no auto insurance
4: When you have to take a month off from work because of an injury or illness
___: Uninsured motorists coverage
___: Homeowner's insurance
___: Disability insurance
___: Managed-care coverage

Answers

When you need to visit a doctor about an illness;Managed-care coverage
When your house and possessions are destroyed by a fire;Homeowner's insurance
When your car is damaged by someone who has no auto insurance;Uninsured motorists coverage
When you have to take a month off from work because of an injury or illness;
Disability insurance
hope it helps

Answer:

Auto insurance: Repairs on damaged vehicles;

Disability insurance: Wages lost because of injury or illness;

Renter's insurance: Stolen personal possessions; Health insurance:

Visits to the doctor or hospital.

Explanation:

apexs

Other Questions

Which of the following is accounted for in the calculation of a country's gross domestic product? A. sales of stocks and bonds B. changes in inventories C. changes in product quality D. the underground economy nonmarket activities

An economy grows, reaches a peak, then begins a downturn, followed by a period of negative growth (a contraction), that ends in a trough before the next upturn. These ups and downs in an economy are often referred to as __________. A. boomsB. contractions C. business cycles D. recession and inflation

Last week, Stephanie quit her job as a copywriter at an advertising agency. She has spent the past few days browsing the help wanted ads but hasn't found anything that matches her skills. Stephanie is BEST classified as: A. out of the labor force. B. structurally unemployed. C. a discouraged worker. D. frictionally unemployed.

As an HR manager at an electronics firm, you learn that the position of Technician I at your firm is underpaid. What would be the best way to handle this situation