1. In. Your own words What is Credit?
2. Why is your credit score important?
3. What important things in your future could be affected by credit scores? Give 3 examples?

Answers

Answer 1

Answer:

1.A credit score is a numerical term that represents a person's creditworthiness centered on a level review of their credit files. The credit score is primarily based on a credit report, which is usually obtained from credit bureaus.

2.Your financial history can affect how easily you can get a mortgage, rent an apartment; make big-ticket purchases; take out loans, and in some industries even get hired. When you apply for a credit card or even a cable hookup, lenders check your credit rating.

Answer 2

Answer: 1to sum it up credit is basically  the ability to borrow money or access goods or services with the understanding that you'll pay later.

2Your credit score is important for a few reasons. First, it influences your chances of getting approved for a loan or credit card. This is particularly important if you want to purchase a home in the future because your score will influence your mortgage eligibility.

3 It raises the price of your bills.

It could keep you from getting the home you want.

It affects the interest rate on your mortgage.

It could influence your relationships.

It determines whether your loan gets approved.

It changes the way you pay for things.

It could keep you from getting hired.

Explanation:


Related Questions

Help me and I will give you 30 Brainliest if your answer is correct.
"Jamie is not sure exactly what career to pursue but when she learned about the Human Services cluster, something spoke to her. Which types of career pathways are available to Jamie? Pick a career from each path and explain what it involves and where she might work if she had that job."

Answers

One of the careers from the Human Services Cluster that Jamie can consider looking at is Career Counselling.

What are Human Services Clusters?

Human needs are met via activities such as counseling and mental health programs, family and neighborhood services, personal care, and consumer services in the Human Services profession cluster.

Given that Jamie herself struggled with making this choice, she should find a purpose in Career Counselling. The career pathway to becoming a career counselor is given as follows:

Earn a bachelor's degree in counseling or a related subject of behavioral, social science, or human services.Complete graduation and postgraduate internship requirements for certification/licensure.Pass any certification/licensure examinations that are necessary.Apply for and obtain new certificates.Continue your education and keep current on trends and developments in career counseling.

Learn more about careers:
https://brainly.com/question/6947486

#SPJ1

Why would sole proprietors organize their businesses as LLC?

A Group of answer choices

B To hire better managers

C To reduce their financial liability

D To increase the risk their business faces

E To avoid double taxation

Answers

A. Groups of answer choices
———

LLCs have become very popular because they provide the flexibility, informality and tax attributes of a partnership or sole proprietorship, and the limited liability of a corporation. To form an LLC, one or more people must file articles of organization with their state's business filing office.

You have a credit card account with a previous balance of $635. You added two additional purchases for $75 and $50 during this billing period. You made a payment of $150. Your APR is 16.5%. Using the adjusted balance method, what is your new balance?​

Answers

Answer:

The new monthly balance will be $618.235.

Explanation:

Since you have a credit card account with a previous balance of $ 635, and you added two additional purchases for $ 75 and $ 50 during this billing period, and then you made a payment of $ 150 and your APR is 16.5%, to determine what is your new balance using the adjusted balance method, the following calculation must be performed:

(635 + 75 + 50 - 150) x (1 + 0.165 / 12) = X

610 x 1,0135 = X

618.235 = X

Thus, the new monthly balance will be $618.235.

Using the adjusted balance method, your new credit card balance is $618.39.

What is the Adjusted Balance Method

The adjusted balance method for calculating your finance charge uses the previous balance from the end of your last billing cycle and subtracts any payments and credits made during the current billing cycle..

Data and Calculations:

Previous balance = $635

Additional purchases = $125 ($75 + $50)

Payment = $150

APR = 16.5%

Finance charge = $8.39 ($635 - $150 - $125) x 16.5%/12

Adjusted balance = $618.39 ($635 - $150 + $125 + $8.39

Thus, using the adjusted balance method, the new balance on the credit card is $618.39.

Learn more about the adjusted balance method at https://brainly.com/question/11355738 and https://brainly.com/question/9816383

what is 349/36 + 34x6

Answers

Answer:

349/36= 9.694

34x6= 204

9.694 + 204= 203.694

its the mickey mouse slaughterhouse u come inside ur bloods inside

Answers

Answer:

I think the answer is D I'm pretty sure that's what I put

Explanation:

because why not

what type of income includes all taxes and deductions before they are taken out?

Answers

Answer:

gross income

Explanation:

George deposited $2,000 in his bank account, which offers 5 percent compound interest
calculated annually. What would be the principal amount available in George's account at
the end of two years?
There would be a principal amount of $
of 2 years.
in George's account at the end
O 2.100
0 2.000
02.005
O 2.205

Answers

Answer:

2205

Explanation:

annual compound interest formula

PV(1+i)ⁿ

we have

2000(1+.05)²

=2205

Answer:

2205

Explanation:

plato

describe how a company would balance the tradeoff between cost and speed when selecting a shipping method

Answers

Answer: The opportunity cost is the most desirable trade-off.

Explanation: Trade-offs refer to the choosing decisions that an individual faces when choosing between two-goods or making any other economic decision. For instance, a graduate may face a trade-off between choosing a job or starting up his own business.

While, opportunity cost is simply the cost of the lost alternative. For example, if the graduate chooses to start a business then his opportunity cost is the salary foregone from going for a job.

Thus, when deciding on which option to choose (trade-off) we always look at the option which has a lower opportunity cost.  So we can say that they are the most desirable trade-off.

A company would balance the tradeoff between cost and speed when selecting a shipping method through the Opportunity cost.

What is the meaning of the tradeoff ?

The trade-off is a term used to describe the courses of action given up in order to perform the preferred course of action. Conversely, the opportunity cost is defined as the cost of opting one course of action and forgoing another opportunity, to undertake that course of action.

Thus, when deciding on which option to choose (trade-off) we always look at the option which has a lower opportunity cost.  So we can say that they are the most desirable trade-off.

Learn more about Cost here:

https://brainly.com/question/15135554

#SPJ2

Explain the following quote "The rich rule over the poor, and the borrower is slave to the lender."

Answers

Answer:

When Dave was confronted with this Scripture, he had to really consider who was right his broke finance professor, who taught that debt is a tool, or God, who never has anything good to say about debt.

Explanation:

Answer:

When people get into debt, they start living their life just to pay off the debt. This means that all they are doing is working for their lender. The rich often rule over the poor becuase they have more influence and are therefore able to make decisions for the rest of the world population

is it ethical or unethical to cheat on your taxes? Explain why or why not

Answers

Answer:

it would be unethical to do that because you are breaking the law

Answer:

It would be unethical.

Explanation:

coconutoil2217 is correct, it would be unethical to cheat on your taxes.

A network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.

Answers

Answer:

Firewall.

Explanation:

Firewall can be defined as a network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.

Simply stated, a firewall is a network security protocol that monitors and controls inbound and outbound traffic based on set aside security rules.

A firewall is used to control access to a computer or network, as it creates a barrier between a computer or a network and the internet in order to protect against unauthorized access.

Basically, it is a network security device or security system pre-installed on most computers to essentially inspect data being transmitted to or from a computer.

Hence, firewalls are typically bidirectional, it checks all sent and received data and only allow authorized traffic through.

Answer:

Firewall.

Explanation:

Hope this helps

* Question 29 of 50 > VA Check My Work You are considering buying a $700 refrigerator on an installment loan with nothing down and 12 monthly payments of $72.92. You could also charge it to a revolving credit card with a 22 percent APR and pay it off with 12 payments of $64.84. Your credit card company would also give you a cashback bonus of 1 percent for the purchase. How much would you save by using the credit card (round your final answer to the nearest dollar)?​

Answers

Answer:

$105.

Explanation:

Since you are considering buying a $ 700 refrigerator on an installment loan with nothing down and 12 monthly payments of $ 72.92, and you could also charge it to a revolving credit card with a 22 percent APR and pay it off with 12 payments of $ 64.84 and your credit card company would also give you a cashback bonus of 1 percent for the purchase, to determine how much you would save by using the credit card the following calculation must be performed:

72.92 x 12 = 875.04

64.84 x 12 = 778.08

778.08 - (778.08 / 100) = 770.29

875.04 - 770.29 = 104.74

Thus, rounded to the nearest dollar, by paying with the credit card you would save an amount of 105 dollars.

A bank will not require security in the form of collateral as a guarantee the loan will be repaid.


True

False

Answers

the answer is so true

what does these symbols mean on a measuring tape' &"​

Answers

The person above me is the answer

What negative consequences might a company face if it fails to keep accurate financial records?

Answers

Answer:

they can be audited

Explanation:

the government will step and and demand a record of all their revenue that they have not sent in and if their records doesn't match the records of the government they can be forced to shut down.

QUESTION 5 of 10: Preparing a budget is:
a) An ongoing process
b) Something you only have to do once in your lifetime
c) Not an effective way to save money
d) A method for calculating take-home pay

Answers

Answer: A

Explanation:

It's an ongoing process

Check My Work You have a current credit card balance of $450.00, which you are paying off so you can close the account No new purchases have been added this month, and interest is computed on the average daily balance method. The APR is 18%, and the minimum payment is 39. If you make the minimum payment this month, what will the new balance be on the​

Answers

Answer:

$417.16.

Explanation:

Since I have a current credit card balance of $ 450.00, which I am paying off so I can close the account and no new purchases have been added this month, and interest is computed on the average daily balance method with an APR of 18%, and a minimum payment of $ 39, if I make the minimum payment this month, the new balance is determined as follows:

(450 - 39) x (1 + 0.18 / 12) = X

411 x 1.015 = X

417.16 = X

Therefore, the new balance would be of $417.16.

Which of the following recruiting methods would a company use if it wants to
promote employees from within?
A. Providing links to job openings on its employee-only website
Х
B. Sending recruiters to a school to meet with interested students
C. Posting openings on a job search website such as CareerBuilder
D. Listing the job with an employment agency

Answers

Answer:

A, not c :-)

Explanation:

just took the quiz

The recruiting method would a company use if it wants to promote employees from within is Providing links to job openings on its employee-only website Х. Thus the correct option is A.

What is recruitment?

Recruitment is referring to the hiring of new people in the organization. This hiring takes place to fulfill the vacant position available in the organization.

There are two types of recruitment which include internal and external recruitemnt. Internal recruitemnt involves fulfilling the vacant position by promoting the employees of the company.

External recruitment is referred to as recruitment in which the vacant position will be fulfilled by hiring from outside sources through campus placement, employment agency, or walk-in interviews.

In this case, the given in question which indicates internal recruitment by providing links to job openings on its employees-only websites on which only existing employees can apply.

Therefore, option A is appropriate.

Learn more about Recruitment, here:

https://brainly.com/question/13622355

#SPJ2

Which of the following is an example of internal data in a marketing
information system?
A. Statistics showing the relationship between the company's ad
spending and competitors' sales
B. Trends in consumers' use of social media
C. Spending levels for advertising in each type of media
D. Populations of cities where the company has customers

Answers

Answer:

c

Explanation

i think

The example of internal data in a marketing information system is spending levels for advertising in each type of media.

What is internal data in marketing?

Internal data is referred to that information that resides within the business atmosphere itself and could be controlled by the managing authorities of the business.

Therefore, the budget that would be spent on advertising media is generated in the business by covering the factors of marketing plans.

Learn more about marketing here:

https://brainly.com/question/17829765

Place the steps to creating a budget in order:


Figure out your net income.


Make a list of fixed expenses


Make a list of variable expenses.


Adjust expenses as needed


Determine if you have enough income to cover all your expenses.

Answers

Answer:

1. Figure out your net income

2. Determine if you have enough income to cover all your expenses

3. make list of variable expense

4. make list of fixed expenses

5. adjust expense

done !

PLEASE HELP ILL GIVE YOU BRAINLIEST in a market economy, what does a producer mean when it asks, "Is there a market for my products?"
a."is there is a place where we can sell our products?"
b."is our product being more cheaply made overseas?"
c."will consumers need and want to buy our products?"
d."will the government support demand for our products?"

Answers

Answer:

It is c

Explanation:

I recently had this question lol

Answer:

c

Explanation:

i had this question on a test

I want to be a Architect or vet does anyone know what i should choose for GCSE's.

Answers

Answer:

for me I want you to choose vet because I love animals

Explanation:

But follow your heart it's your choice choose wisely

It really doesn’t matter what you choose for GCSEs but if your school offers triple science I would opt for that. If you’re good at art you could also pick that but alevel options are more important.

Still haven't got corona, even a global pandemic don't want me..

Answers

Answer:

Same Who knows Can't Say that until this Pandemic Over

Explanation:

QuestionCove its Aight My User KazGotFetee

NASCAR fans demonstrate which activity when they list the sponsors featured on the car or clothing of their favorite driver?

Answers

Answer:

Brand recognition.

Explanation:

Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets so as to produce a desired response.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

Brand recognition is also known as brand awareness and it can be defined as the ability of the consumer (customer) of a particular brand to identify their unique characteristics or qualities with respect to other rival brands.

Hence, NASCAR fans demonstrate brand recognition when they list the sponsors featured on the car or clothing of their favorite driver.

Which descriptions offer examples of Health, Safety, and Environmental Assurance workers? Check all that apply.

Gonzalo purchases materials for a manufacturing plant to use in building airplanes.
Rachel fixes broken machinery in a factory.
Trey creates procedures to help employees stay injury-free while working in a factory.
Patrice creates schedules to make sure employees in a factory complete their work on time.
Carl uses equipment to reduce environmental damage from a manufacturing plant.
Athena examines health and safety hazards for employees working in a manufacturing plant.

Answers

Answer:

The other person is correct

Explanation:

An examples of Health, Safety, and Environmental Assurance workers are Trey creates procedures to help employees stay injury-free while working in a factory. Thus, the correct option is (C, E, F).

What do you mean by an Environmental Assurance workers?

Environmental assurance is a way for a horticulture company to show that it is using management techniques that meet the standards for environmental protection set by its clients, the local community, and other interested parties.

Environmental, Health, and Safety (EHS) specialists are in charge of developing, implementing, and upholding an organization's EHS policies and practices.

Their main goal is to establish an environment at work that is both safe and healthy for everyone involved.

Therefore, an examples of Health, Safety, and Environmental Assurance workers are:

Trey creates procedures to help employees stay injury-free while working in a factory.Carl uses equipment to reduce environmental damage from a manufacturing plant.Athena examines health and safety hazards for employees working in a manufacturing plant.

To know more about the Environmental Assurance workers, visit:

https://brainly.com/question/19871636

#SPJ6

Jana completed an informational interview with a preschool teacher in her area. She wants to write a thank-you letter. What should she remember to include in the letter?
A. a plea for a job with the company
B. a list of questions to discuss
C. an inquiry about the best way to stay in contact
D. a cover letter and résumé

Answers

I honestly think it’s D because to be hired you need to have a résumé. Please tell me if I’m right. Have a great day.

1. Should a cover letter be a lengthy document?

2. What should be the “tone” of an informal thank you letter?

Answers

1. It actually depends; but usually it's like a three paragraph essay

2. The tone of an informal thank you letter is something like saying 'thank you so much' and a compliment sentence, like 'You are the best!'

Hope this helps! Have a great day!

*You have a company's balance sheet, its income statement, and its statement of cash flows. Which would you refer to if you wanted to know if a company made or lost money last year? If you wanted to find out how much debt the firm had used to finance its assets? If you wanted to know why its cash balance had changed over the past year?​

Answers

If I wanted to know if a company made a profit or lost money last year I would refer to the Income statement.

If I wanted to find out how much debt the firm had used to finance its assets I would refer to the balance sheet.

If I wanted to know why it’s cash balance had changed over the past year I would refer to the cash flow statement.

PLEASE HELP!!!
Money going out of a business is called _BLANK_.

A. income
B. expenses

Answers

Answer:

Expenses

Explanation:

Yong teaches students with learning disabilities and physical disabilities. Barb teaches computer programming to high school students. Maya works in a private school teaching math to seventh-grade students. Destiny works in a college teaching English to adult students. Tanner helps an elementary school teacher and works under the guidance of that teacher.

Answers

1. Special education teacher
2. Career and technical education teacher
3. Middle school teacher
4. Post secondary teacher
5. Teacher assistant

Answer:

1. Special education teacher 

2. Career and technical education teacher

3. Middle school teacher

4. Post secondary teacher

5. Teacher assistant

Explanation:

Other Questions
order from least to greatest 3.2 ,3.14, 19/7, sqrt (14) Someone please help me!!!! Find the total area of the regular pyramid. 280sq. units 180 + 54^3 sq. units 360 + 54^3 sq. units 234^3 This molecule provides stability to the phospholipid bilayer and without it the membrane would easily fall apart. If Mario drives at a rate of 70 miles per hour, how long will it take him to drive 700 miles? A granulated cylinder was filled to 30.0 mL with liquid. An unknown metal cylinder having a mass of 60.27 g was submerged in the liquid. The final volume of the liquid level was 45.2 mL. C7H6O3+ C4H6O3=C9H8O4+H20- Balance the above equation. What are folders within folders called Find the value of 1.999.... in the form of pqwhere p and q are integers. Find the solutions of the inequality and complete the statements. The solutions of the inequality include all numbers . There are solutions of the inequality. NEED HELP ASAPTsunamis are often called tidal waves because they are caused by tides. o True o False helpppppppppppppp hutrryyyyyy for BRIANLESSSTTTTT 10 points !!!!!!!!! Angle ABF is 77a) Find the size of angle x.b) Which one of these justifies your answer?A- corresponding anglesB - alternate anglesC- vertically opposite angles Why is DNA related to protein I will mark brainiest for correct answerA pelican has a dip netting beak. How does it eat?A. It traps fish between its upper and lower mandible much like a scissor,B. It takes a big gulp of water with fish and filters the water off of the fish before swallowing,C. It opens holes in trees and eats insects beneath the surface of the wood,D. It burrows in the mud to find insects and other small invertebrates beneath the surface Which of the following best describes the location of themantle?AAbove the crustBBetween the crust and the lithosphereBetween the crust and the coreDBeneath the core What is the importance of these cues in delivering the news report? If you can answer this- god bless you and you are an amazing human being! Fill in the blanks: Correct form of Ser/Estar. (Please ignore the highlighter, it was to mark off part of a previous sentence.) HELP PLEASE. What is the major difference between herbal medicines and conventional medicines?OA. Herbal medicines are prescribed more often than conventional medicines.B. Herbal medicines don't undergo the same testing as conventional medicines. C. Herbal medicines undergo more testing than conventional medicines,OD. Herbal medicines are unpopular in the West because they are regulated. Why should we study music and why Melanie makes 12 out of 16 foul shots. What is the experimental probability that she will miss her next foul shot?