« previous next »

Author Question: Payday loans carry an interest rate of a. less than 25 percent. c. about 75 percent. b. about 50 ... (Read 206 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jun 24, 2018
Payday loans carry an interest rate of
 a. less than 25 percent. c. about 75 percent.
  b. about 50 percent. d. more than 100 percent.

Question 2

Which ethical issue in lending is described in the chapter?
 a. encouraging people to borrow more money than they can afford to repay
  b. charging excessively high interest rates
  c. both a and b
  d. neither a nor b


tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

CBme

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Jun 24, 2018
Thank you :)


tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
Factors Affecting the Environmental Lapse Rate (ELR): Heating or Cooling of the Lower Atmosphere Factors Affecting the Environmental Lapse Rate (ELR): Heating or Cooling of the Lower Atmosphere
Reptiles (lizards, snakes, and turtles) often carry Salmonella Reptiles (lizards, snakes, and turtles) often carry Salmonella
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Outgroup role in relative rate test Outgroup role in relative rate test
A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ... A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ...
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library