Advanced Placement (AP), 27.10.2020 09:40 komari0217

Question 165 pts (02.04 MC)

Trisha receives a $2,500 gift and wants to open a savings account. Which bank interest would be the best for her at a current inflation rate of 2.5%?

Group of answer choices

A nominal interest rate of 3.5%

A real interest rate of 3%

A real interest rate of 2.5%

A nominal interest rate of 4%

Flag this Question
Question 175 pts
(02.04 LC)

Which statement is true?

Group of answer choices

A bank interest lower than inflation means more purchasing power.

Nominal rates are an accurate figure of purchasing power.

Real interest measures the power of the saved money.

Real interest is the sum of nominal interest and inflation.

Flag this Question
Question 185 pts
(03.01 LC)

After knowing the APR, what three factors are important to research before applying for a credit card?

Group of answer choices

Lender reviews, initiation fee, cancellation fee

Annual fee, transaction fees, penalty fees

Annual fee, lender reviews, cancellation fee

Borrowers' reviews, penalty fees, initiation fee

Flag this Question
Question 195 pts
(03.01 MC)

What is likely to happen if a borrower forgets a payment on a credit card account?

Group of answer choices

The credit card company will send a friendly warning.

The credit card company requires the entire balance be paid in full immediately.

The credit card company will terminate the borrower's credit.

The credit card company applies a late fee.

Flag this Question
Question 205 pts
(03.02 MC)

Mariah made a down payment on a van. Which of the following is true because of the down payment?

Group of answer choices

She has additional time to repay the loan.

Her credit limit will increase.

She has some equity or ownership right away.

Her insurance will decrease.

Flag this Question
Question 215 pts
(03.02 LC)

Joshua and Tammy just purchased property with an ARM mortgage. What is true?

Group of answer choices

There is collateral.

They have a non-secured loan.

Their interest will be fixed.

They cannot make a down payment.

Flag this Question
Question 225 pts
(03.03 MC)

Why did Jon's lender most likely approve his loan?

Group of answer choices

He has a historic credit score of 300.

He has been making most payments on time.

He has one credit card.

He has a high debt-to-available credit ratio.

Flag this Question
Question 235 pts
(03.03 MC)

Johanna was accepted at her college of choice and is moving out of her parents' home and in with a roommate. How can she use this to positively affect her credit score?

Group of answer choices

By avoiding a disagreement with her roommate

By keeping a high GPA

With responsible behavior towards her first landlord

With a high debt-to-available credit ratio

Flag this Question
Question 245 pts
(03.03 HC)

Tim's wages were garnished for the past three months as he failed to pay child support and student debt. He needs to buy a vehicle now. What will most likely happen next?

Group of answer choices

He may be approved for new credit with a low interest rate.

He may be denied future loans for a period of time.

He may be protected under the Consumer Financial Protection Bureau.

He may claim a dispute with the credit bureau about his credit report.

Flag this Question
Question 255 pts
(03.03 LC)

Marina requested a copy of her credit report in May 2019 and wants to request a second one in November 2019. What is true?

Group of answer choices

She can; it is always free.

She can, but she may have to pay for it.

She will not obtain it; a free copy can be requested every two years.

She will not obtain it; the bureau sends it automatically once a year.

Flag this Question
Question 265 pts
(03.04 LC)

Burt has been struggling with his health, experienced a recent death in his family, and is behind on most of his payments. He is considering filing for bankruptcy. Which one of these options might he want to avoid so he doesn't make matters worse?

Group of answer choices

A payday loan

A credit counseling appointment

A renegotiated credit

A pre-paid credit card

Flag this Question
Question 275 pts
(04.01 LC)

Which factor does not affect the stock prices in a market?

Group of answer choices

Current taxes

Government policy

International transactions

Supply and demand

Answers: 2

Show answers

Another question on Advanced Placement (AP)

Advanced Placement (AP), 24.06.2019 02:30

How american was colonial art? to what extent does it illustrate the development of a new society

Answers: 1

Answer

Advanced Placement (AP), 24.06.2019 06:20

Which of the following is not one of the seven points from the pre-start checklist recommended by the nsc

Answers: 1

Answer

Advanced Placement (AP), 26.06.2019 03:30

Question 4 which was a foundation of the industrial revolution? a) large states held huge supplies of raw materials. b) coal replaced wood as the primary source of fuel. c) road infrastructure replaced waterways for transport. d) mercantilist policies drove down the price of goods. question 7 which was not a government response to the socialist challenges? a) establishing universal suffrage to all classes b) introducing medical insurance and pensions c) prohibiting underground employment for women d) restricting child labor for children under ten years old question 9 which was a cause of the boer war? a) movement and settlement of bantu peoples into afrikaner-populated states b) independence of northern afrikaner territories from british colonial authority c) evacuation of most afrikaner people out of south africa and back into europe d) british reconstitution of afrikaner-held territories into the union of south africa

Answers: 3

Answer

Advanced Placement (AP), 26.06.2019 11:30

Why does pacholke say that it shouldn’t make you happy that “as a prison system, as a nation, and as a society, we've become very good” at containing and controlling the people who have fallen through all of the other societal safety nets? what do you feel that he is insinuating by this statement? explain.

Answers: 1

Answer

You know the right answer?

Question 165 pts (02.04 MC)

Trisha receives a $2,500 gift and wants to open a savings a...

Questions