Business, 17.09.2019 02:30 queenskmk9330

Ava obtains a short-term loan from a payday loan lender. when the loan is due, ava does not have enough money to pay the loan. she uses her credit card to pay it off rather than extend the payday loan. will ava's actions increase the total cost of the loan more than just extending the loan? why or why not?
no, because she will not have to pay any interest on her credit card.
no, because the interest charged by her credit card will be less than the interest charged by the payday lender.
yes, because payday loans do not charge extra fees or interest to extend a loan.
yes, because the interest charged by the payday lender is less than the interest rate of her credit card.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 07:30, maskythegamer

Why has the free enterprise system been modified to include some government intervention?

Answers: 1

continue

Business, 22.06.2019 13:20, ooEVAoo

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.

Answers: 1

continue

Business, 22.06.2019 13:40, allytrujillo20oy0dib

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?

Answers: 1

continue

Business, 22.06.2019 17:30, brittanyjacob8

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?

Answers: 3

continue

You know the right answer?

Ava obtains a short-term loan from a payday loan lender. when the loan is due, ava does not have eno...