If you go to an Islamic bank and ask for financing for following purposes, which financial product Islamic bank will most likely to use and why? 10 years financing to start a new project 5 years financing to construct a house on your land 3 years financing for a heavy duty generator 6 months financing for IPhone 12

Q: What is the best way to avoid credit card debt? O Buy everything on credit. O Buy only the things…

A: There are many measures that can be taken in order to reduce the credit card debt, Like checking the…

Q: Which financial Market do Retail credit products e.g. Mortgage bonds, short term loans, long term…

A: Meaning of Financial Assets: The term financial assets refer to the situation, under which these…

Q: Define the term disbursements?

A: Money: The term money refers to anything that can be used as a medium of exchange and it has a unit…

Q: The amount which from the transaction entered by the person who borrows money called the debtor or…

A: Answer-

Q: For the following questions, choose the letter of the best answer (Show any work and explanations):…

A: Using straight-line depreciation,, 99, 254); position: relative; display:…

Q: money is a concept has a certain value at a point in time. true or false

A: Money is the concept that money you have in present is worth more than the identical sum in the…

Q: credit

A: In, the late 19th century and early 20th century, companies built on the ideas of revolving credit…

Q: It is not smart to make small purchases on a credit card because they can pile up and end up costing…

A: When talking about credit card, it is the facility provided by financial institutions to the people…

Q: Use PMT= 1- -nt to determine the regular payment amount, rounded to the nearest dollar. Your credit…

A: given that, Principal(P) =$3200 rate of interest(r) = 0.12 time (t) = 2 years n = 12

Q: Transactions on a debit card can't affect your credit history. O True O False

A: Answer :-   True    Transactions on a debit card can't affect your credit history.           The…

Q: When someone owes you money in Canada, what steps are you allowed to take in order to collect the…

A: It can be defined as the financial liability that one individual or any entity owes to another…

Q: In Economics, an refers to a direct payment made to others when running business.

A: In economics EXPLICIT COST refers to a direct payment made to others when running of the successful…

Q: Transaction Description Previous balance, $2652.59 June 1 Billing date June 6 June 8 June 9 June 17…

A: The average balance is the balance on a credit or store account found in the middle value over a…

Q: You borrow $1,000 from a bank to buy a car to use in your pizza delivery business. IS THIS AND…

A: Savings are a type of income which is kept by the consumer after paying all his expenditure. When…

Q: a) what is the monthly payment? b) what are the details of each monthly payment ? DEVELOP A PAYMENT…

A: Financing through a loan is a way for individuals or businesses to borrow money from a lender, such…

Q: Explain why someone might want to put a “red flag” on their own credit report.

A: A red flag refers to a warning that is put on the credit report if something suspicious, fraudulent,…

Q: agreed interest rate is 5% annually. Determine the amount that the man paid the ba borrowed last…

A: From and including: 1 January 1990 To, but not incorporating 30 December 1990 Result: 363 days…

Q: hazel borrowed 100,000 and must repay a total of 130,000 exactly two years later. How much is the…

A: Using the formula to solve.

Q: Question list O Question 1 K Mary's credit card situation is out of control because she cannot…

A:

Q: Go to the EEOC Newsroom eeoc.gov/newsroom and search “ADA settlement.”  Scroll and skim the…

A: Disabled persons can gain an advantage from grants for disabilities because they offer monetary…

Q: why is it critical for consumers to truly understand the effect of interest on their credit cards?

A: A credit card is a payment card that enables the owner to borrow funds to pay for purchases. Since…

Q: what does it mean when banks are paying people to get loans?

A: The financial system of the nation is considered to be one of the most prominent, and important…

Q: 2. is/are repaid in monthly payments. O Bankruptcy Credit O Installment loans IOU's

A: An installment loan is normally a one-time loan that provides amount in a lump sum. Lender…

Q: Tom Evers an attorney is planning for retirement. He earns $126,000 a year and estimates that he…

A: Given,  Tom earns $126,000 and estimates that he will need 80% of his salary for retirement in 10…

Q: The writing should be in print, not in handwriting By no more than one page, Explain type of…

A: Portfolio Officer This is the place in which the different single projects and programs all over the…

Q: Which of the following is a personal financial asset? a. A payday loan b. A mortgage loan c. A…

A: A financial asset is a tradable instrument or other tangible property that represents a legal claim…

Q: You are planning to take out a 5 hundred thousand dollar fixed-rate mortgage with a 30- year term…

A:

Q: Using economic theory what are the benefits and drawbacks of using digital currencies?

A: Digital currency is the powerful technological innovation happened to the money market in recent…

Q: You have $5,000 on a credit card that charges a 23% interest rate. If you want to pay off the credit…

A: Interest rate is the amount charged by the lender from the borrower for the use of its money.

Q: credit?

A: Credit report consist of current and past information regarding the credits that an individual hold.…

Q: True or false: you can request your free credit report online, over the phone, or by mail one time…

A: Credit Report is of great importance as it provides valueable information about the credit history…

Q: You purchase a home for $436,000 by making a down payment of 15% and financing the remaining amount…

A: Given the below: Purchase price = $436,000 Interest rate = 2.12% compounded monthly or 2.12%/12 =…

Q: 1. What are some of the problems with paying only the minimum monthly payment on a credit card? 2.…

A: 1. The primary use of credit cards is to use money and repay without interest. If one is paying only…

Q: Your parents want to avail a life insurance that will entitle you and your siblings P30,000 monthly.…

A: Interest earned on invested over multiple ages of time does account for the interest earned on the…

Q: How Dalio’s concept about borrowing from one’s future self might change a decision one might make…

A: Debt is when one party borrows something from another, most commonly money. Many businesses and…

Q: Which of the following is not an example of a financial resource? a. online training for employees…

A: Financial resources typically refer to assets or funds that can be readily converted into cash or…

Q: Explain 3 reasons why opening a checking account would benefit you?

A: A checking account refers to a type of bank account that allows you to deposit money and withdraw…

Q: You can improve or damage your credit history with a credit card. O True O False

A: The economics as a study is based upon the idea that the resources which are present with each…

Q: At the end of the month, you have only $20 left in your checking account. You deposit your $200…

A: Starting balance: $20 Deposited paycheck: $200 Charge for depositing a bad check: $54

Q: Question 2 of 10 Which action would most likely harm a person's credit score? A. Completing a credit…

A: Answer: Some of the actions that harm credit scores are late or missed minimum monthly payments,…

Q: Based on your current situation, which of the cards would best suit your needs today? (Credit, debit…

A: "Plastic money" is a term that refers to payment cards that are made of plastic, such as credit…