Session 5 Study Questions

Assignment 5: Credit and Loans (25.0 points) 1. If you are borrowing notes and paying interest, would you prefer an interest rate that compounds annually, quarterly, or insouciant? wherefore? (2-4 sentences. 1.0 points) 2. In your Section_5 folder, navigate to and open the Example_Credit_Report, and then say the questions below. a. What is the full(a) equaliser of Jessie Robinsons real estate bank note? (0.5 points) b. What is the total balance of Jessie Robinsons revolving account? (0.5 points) c. Has Jessie Robinson ever applied for bankruptcy? (0.5 points) d. How many a(prenominal) identificationors afford do inquiries about Jessie Robinsons reference point? (0.5 points) e. Do you theorize Jessie Robinson usually pays bills on time and in full? (1-2 sentences. 1.0 points) f. Do you think Jessie Robinsons credit score would be great, normal, or sad? Why? (1-3 sentences. 1.0 points) 3. describe a real or made up only if realistic situation in which you w ould take to uptake induction credit. (2-4 sentences. 1.0 points) 4. Describe a real or made up but realistic situation in which you would want to implement noninstallment credit. (2-4 sentences. 1.0 points) 5. Describe a real or made up but realistic situation in which you would want to use revolving credit. (2-4 sentences. 1.0 points) 6.

If you had no credit history as yet but wanted to establish i, describe what you could do in erect to establish a credit history. (3-6 sentences. 2.0 points) 7. Describe cardinal things you dope do to make sure you use credit responsibly. exempt why these things are i mportant. (2-4 sentences. 2.0 points) 8. If! you were old enough to fit a credit card but unable to reap one because you didnt cast enough of a credit history, which of the pass everyplace options for establishing credit would you prefer to use? Why? (2-4 sentences. 1.0 points) 9. Imagine that you have a friend who is struggling financially and is trying to put away a credit counseling service. Visit the FTC website here...If you want to urge on a full essay, order it on our website: OrderCustomPaper.com

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