Wierdo101
03.07.2020 •
Social Studies
Your guide must explain any five of the following elements (in any order). • The difference between a secured and an unsecured loan • Collateral • Repayment schedules • Annual Percentage Rate (APR) • The fees you might pay when using credit • The impact of missing one or more payments • How a credit card works • How a personal loan works • How a mortgage works • How an auto loan works • How interest works • The difference between simple and compound interest rates • Your rights when using credit • Advice about how to decide between credit offers Remember: You are only choosing five of these topics to cover in your guide. You should not try to cover them all, since that will take much more time than the project is meant to take!
Solved
Show answers
More tips
- C Computers and Internet Why is Yandex s robot Bless.yandex.ru Important?...
- F Food and Cooking Fresh and Easy Lemonade in 10 Minutes...
- S Sport How to wrap boxing hand wraps? Everything you need to know!...
- F Family and Home How to Sew Curtain Tapes: Best Tips from Professionals...
- A Animals and plants How to Grow Lime from a Seed: Simple Tips and Interesting Facts...
- C Computers and Internet How to Create a Folder on Your iPhone?...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
Answers on questions: Social Studies
- C Chemistry Examine the IR spectrum provided for Compound C. The peaks below 1500 cannot be used to make any structural assignments because they are in the fingerprint region....
- H History What was most significant about the house of burgesses during colonial times? it gave the colonists a chance to govern themselves. it freed the colonists from the...
- B Business Rufus, a supervisor at an automobile store, is considered friendly by his subordinates and has the authority to assign important work to the high performers under...
- H History What does it mean to be an American by 1840 in domestic and foreign affairs?...
Ответ:
1)Collateral:This is an asset a lender or accepts from a borrower as a security for a loan, incase the borrower does not pay back the lender can take the collateral.
2)Repayment schedules:This is a document that contains the specific terms of a borrower's loan such as monthly payment,interest dates due dates e.t.c.
3)Annual percentage rate(APR):This is the interest rate for a whole year.It is an interest charged to borrower's and paid to investors.
4)Difference between secured loan and unsecured loan:A secured loan is a loan that is connected or protected with a piece of collateral while an unsecured loan is a loan that is not protected with any collateral.
5)Rights when using credit cards:The right to ask for a credit report,The right to have inaccurate information removed or corrected,The right to accurate billing statements,The right to advance notice for any changes.
Explanation:
Ответ:
Threw political parties