1)if an interest rate is fixed that means the rate
a. is adjustable.
b. can go up or down based on factors in the credit market.
c. will stay the same during the entire term of the loan.
d. transfers part of the interest risk from the lender to the borrower.
2)small business loans are easier to get if
a. the owner has a lot of his own money invested in the business.
b. the owner has a high ratio of debt to equity.
c. the equity investment is low.
d. the business is partly owned by a larger business.
3)a typical mortgage term is:
a. 5 years
b. 72 months
c. 3 years
d. 20 years
4)the preferred debt-to-income ratio is usually:
a. 28 percent
b. 36 percent
c. 40 percent
d. 50 percent
5)a typical payday loan carries an interest rate of about:
a. 400 percent
b. 31 percent
c. 12 percent
d. 7 percent

Morris borrowed $9,000 from a credit union at 13% simple interest for 42 months. what were his money installment payments?

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e. g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e. g. 2.25 and final answers to 0 decimal places, e. g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $

On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.