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 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

Please help 30 points :)
Percentages: Common Egg: 27.5% Common Egg: 27.5% Unique Egg: 17.5% Rare Egg: 7.5% Epic Egg: 15% Epic Egg: 4.0% Legendary Egg: 1% Legendary Egg: 0.0001% How many
Create 5 questions based on whether the American Revolution was accepted or not? Plzzz I will give you 100 points
Image attached, please help.
Estimate the product of 25.311 × 4.65. Round each number to the nearest whole number. about______
a truck traveled 8 hours at an average speed of 55 mph. how far did the truck travel? (distance = rate x time)
In a parking 30% of the cars are white write this as a decimal
What is the value of the expression 3,972 divided by 12
Objects in motion eventually stop moving due to a _____ .can someone help me with this question
Landen spent LL hours at the beach last weekend. Matéo spent 15\%15% fewer hours at the beach than Landen did. Which of the following expressions could represen