Assuming the interest rates are roughly the same, would you prefer to finance your new company by
Question:
Assuming the interest rates are roughly the same, would you prefer to finance your new company by getting cash advances on your credit cards or by taking out a second mortgage on your house? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
Taking out a second mortgage on your house would lik...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Would you prefer to receive 5 annual payments of $ 200 or 6 annual payment of $ 180 if the interest rate is 10% per year?
-
Would you prefer to have an investment earning 5 percent for 40 years or an investment earning 10 percent for 20 years? Explain.
-
Would you prefer to work as an employee in an organization that had centralized or decentralized control? Discuss the reasons for your answer.
-
Detail how the respond to the following scenarios, with one agreeing or acknowledging the critic, and one seeking more information: "You are so lazy" {Husband says to his wife when she refuses to get...
-
The data in Table 1.4.7 give the life expectancy at birth, in years, from 1900 through 2000 Construct a bar graph for these data. Table 1.4.7 Life Expectancy at Birth Life expectancy Year 1900 1960...
-
Refer to the Environmental Science & Technology study of sorption of organic vapors, Exercise 12.7. Consider using the qualitative variable, organic compound, as a predictor of the retention...
-
8.1 13
-
The following is an excerpt (with dates changed) from Against the Grain, a series of recommendations by the State Comptroller of Texas as to how to save $4.5 billion and thereby balance the states...
-
Hunchidat/14022a-670b-4291-3076-0 HOMEWORK Question 11 of 12 0.24/1 III $5,130 6,840 2,166 4,104 13,200 101 112 126 130 149 201 209 311 400 726 729 Cash Accounts Receivable Supplies Prepaid Insurance...
-
J plc's business is organized into divisions. For operating purposes, each division is regarded as an investment centre, with divisional managers enjoying. substantial autonomy in their selection of...
-
What does the company intend to do with the arranged financingpurchase equipment or other assets, finance a construction project, finance growth and expansion, or do something else?
-
Has Congress or any federal agency taken any steps to change the laws and regulations that affect the operation of credit rating agencies?
-
Prove that in any list of n consecutive integers, one of the integers is divisible by n.
-
In an air-pollution study performed at an experiment station, the following amount of suspended benzenesoluble organic matter (in micrograms per cubic meter) was obtained for eight different samples...
-
The figure shows a sketch of the curve with equation y = f(x). The curve passes through the points (0, 3) and (4, 0) and touches the x-axis at the point (1, 0). On separate diagrams, sketch the...
-
An object is placed \(200 \mathrm{~mm}\) from a diverging thin lens that has a focal length of \(-500 \mathrm{~mm}\). What are (a) the image distance and \((b)\) the magnification? (c) Draw a...
-
In a study of warp breakage during the weaving of fabric (Technometrics [1982]: 63), 100 pieces of yarn were tested. The number of cycles of strain to breakage was recorded for each yarn sample. The...
-
Many consider family-owned businesses the backbone of American business. Mei Mei translates from Chinese to little sister in English, and its name aptly represents a family business of three...
-
Harold Ledford agreed to purchase three used Mustang automobiles (a 1966 Mustang coupe, a 1965 fastback, and a 1966 convertible) from J. L. Cowan for $3,000. Ledford gave Cowan a cashiers check for...
-
Consider the circuit of Fig. 7.97. Find v0 (t) if i(0) = 2 A and v(t) = 0. 1 3 ett)
-
____ reports focus on the delivery of facts, figures, and other types of information, without making recommendations or proposing new ideas or solutions.
-
One of your employees submitted a report that compares the market opportunities for two product ideas your company might develop. The report concludes that because the first idea yielded 340,000 hits...
-
Why is it particularly important in long reports to clearly identify your purpose before you begin writing? a. A clear statement of purpose helps you avoid extensive revisions. b. A clear statement...
-
The following amounts were reported on the December 31, 2022, balance sheet: Cash $ 8,000 Land 20,000 Accounts payable 15,000 Bonds payable 120,000 Merchandise inventory 30,000 Retained earnings...
-
Sandhill Co. issued $ 600,000, 10-year, 8% bonds at 105. 1.Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when the...
-
Based on the regression output (below), would you purchase this actively managed fund with a fee of 45bps ? Answer yes or no and one sentence to explain why.
Study smarter with the SolutionInn App