gsVKJCGAISGF1846 gsVKJCGAISGF1846

01-02-2020
Business

contestada

Fred has good credit and can borrow at 5%. Bob has poor credit and can borrow at a rate of 11%. What is the amount of the risk premium that Bob will pay?

Respuesta :

aangsbuisness aangsbuisness

01-02-2020

Answer:

6%

Explanation:

By subtracting 11% by 5% you will get 6%, which is the premium Bob is paying

Answer Link

Otras preguntas

Solve the system of equations below by graphing. Type in the ordered pair (x,y) for your answer y=-2 x+y=5

Five times a number decreased by 2 is 4, find the number.

Consider the following inequality: −2(2z−3)≥2z+24 Step 1 of 2 : Write the solution using interval notation.

Differentiate between an organic combustion reaction and an inorganic combustion reaction.

Josh rented a truck for one day there was a base fee fee of $12 and there was additional charge of 8 cents for each mile driven the total cost (c) for driving

Differentiate between an organic combustion reaction and an inorganic combustion reaction.

Solve each equation. |x+5|=-3

Is 181 prime or composite? Justify your answer. A. 181 is prime because it has a factor of 9. B. 181 is prime because its only factors are 1 and itself. C. 181

A 16.0 kg canoe moving to the left at 10 m/s makes a head-on collision with a 19.0 kg raft moving to the right at 7.0 m/s. After the collision, the canoe moves

In the diagram of a gate, the horizontal bars are parallel and the vertical bars are parallel. Find x and y. Complete the explanation Indicating which postulate