What is defaulting?Getting a low credit score


Opening too many credit accounts


Building a credit history


Failing to pay debt

Answers

Answer 1

Answer:

Failing to pay debt

Step-by-step explanation:

Answer 2

Final answer:

Defaulting on a debt, failing to pay debt, and building a credit history are crucial aspects of managing one's financial health.

Explanation:

Defaulting on a debt occurs when a borrower fails to repay the loan according to the terms agreed upon with the lender. This can lead to serious consequences such as damage to one's credit score and possible legal actions taken by the lender.

One of the contributing factors to defaulting is failing to pay debt on time. This affects a person's credit history and the lender's trust in the borrower's ability to repay borrowed money.

It is important to build a credit history by responsibly managing credit accounts, paying bills on time, and avoiding opening too many accounts rapidly to maintain a good credit score and prevent defaulting.


Related Questions

Two friends live 27 miles apart. They left their houses at the same time and started to walk towards each other at 4 mph and 5 mph respectively. How soon did they meet?

Answers

Answer:

They meet in 3 hours

Step-by-step explanation:

Add 4 and 5, this gives you 9 miles an hour. Divide 27 by 9 and it results in 3 hours

Which answer is the explicit rule for the sequence11,8.5,6,3.5,1

Answers

Answer: - 2.5n+13.5

Explanation:

[tex]11 - 8.5 = 2.5 \\ - 2.5n \times 1 = - 2.5 \\ it \: is \: negative \: as \: the \: sequence \: \\ decreases\\ 11 - - 2.5 = 13.5 \\ - 2.5n + 13.5[/tex]

The explicit rule for the sequence 11, 8.5, 6, 3.5, 1 is to subtract 2.5 from the previous term.

To find the explicit rule, we look for a pattern in the sequence. We can see that each term is decreasing by a constant amount. Let's calculate the difference between consecutive terms:

- The difference between the second term (8.5) and the first term (11) is 8.5 - 11 = -2.5.

- The difference between the third term (6) and the second term (8.5) is 6 - 8.5 = -2.5.

- The difference between the fourth term (3.5) and the third term (6) is 3.5 - 6 = -2.5.

- The difference between the fifth term (1) and the fourth term (3.5) is 1 - 3.5 = -2.5.

Since the difference is constant and equal to -2.5, we can express the nth term of the sequence, [tex]\( a_n \)[/tex], as:

[tex]\[ a_n = a_{n-1} - 2.5 \][/tex]

where [tex]\( a_{n-1} \)[/tex] is the previous term in the sequence. To express this in terms of n, we need to find the first term of the sequence and then apply the pattern. The first term, [tex]\( a_1 \)[/tex], is 11. Since we are subtracting 2.5 each time, the nth term can be written as:

[tex]\[ a_n = a_1 - (n - 1) \cdot d \][/tex]

where [tex]\( d \)[/tex] is the common difference, which is -2.5. Substituting [tex]\( a_1 = 11 \) and \( d = -2.5 \)[/tex], we get:

[tex]\[ a_n = 11 - (n - 1) \cdot (-2.5) \][/tex]

[tex]\[ a_n = 11 + 2.5n - 2.5 \][/tex]

[tex]\[ a_n = 8.5 + 2.5n \][/tex]

Therefore, the explicit rule for the nth term of the sequence is:

[tex]\[ a_n = 8.5 + 2.5n \][/tex]

This rule gives us the terms of the sequence when we substitute n = 1, 2, 3, 4, 5, etc. For example, for n = 1:

[tex]\[ a_1 = 8.5 + 2.5(1) = 8.5 + 2.5 = 11 \][/tex]

which matches the first term of the sequence.

Betsy, a recent​ retiree, requires ​$5000 per year in extra income. She has ​$70000 to invest and can invest in​ B-rated bonds paying 15​% per year or in a certificate of deposit​ (CD) paying 5​% per year. How much money should be invested in each to realize exactly ​$5000 in interest per​ year?

Answers

Answer:

$15000 in bonds, $55000 in a CD

Step-by-step explanation:

Let x represent the amount Betsy invests in the B-rated bonds (in thousands). Then she will invest 70-x in a CD. Her interest (in thousands) will be ...

0.15x + .05(70 -x) = 5

0.10x + 3.5 = 5 . . . . . . . eliminate parentheses, collect terms

x + 35 = 50 . . . . . . . . . . multiply by 10

x = 15 . . . . . . . . . . . . . . . subtract 35

Then 70-x = 70-15 = 55

Betsy should invest $15000 in bonds, and $55000 in a CD.

To achieve $5000 in annual interest, Betsy should invest $15000 in B-rated bonds and $55000 in CDs.

Betsy, a recent retiree, requires $5000 per year in extra income. She has $70000 to invest and is considering two options: B-rated bonds paying 15% per year and certificates of deposit (CD) paying 5% per year. To find out how much she should invest in each to realize exactly $5000 in interest per year, we can set up a system of linear equations.

Let x be the amount invested in B-rated bonds and y be the amount invested in CDs. The equations based on the investment and the total interest required would be:

x + y = $700000.15x + 0.05y = $5000

To solve this system, multiply the second equation by 100 to get rid of decimals:

15x + 5y = 500000

Now, we can multiply the first equation by 5 to get:

5x + 5y = 350000

Subtracting this from the modified second equation:

(15x + 5y) - (5x + 5y) = 500000 - 35000010x = 150000x = $15000

Plug the value of x back into the first equation:

15000 + y = 70000y = $55000

Betsy should invest $15000 in B-rated bonds and $55000 in a CD to achieve $5000 in annual interest.

What is an equivalent expression to (0.7g+0.6h-0.4)+(0.8-0.6h+0.5g)

Answers

Answer:

1.2g+0.4

Step-by-step explanation:

The equivalent expression should be 1.2g+0.4.

Given information:

The equation is (0.7g+0.6h-0.4)+(0.8-0.6h+0.5g)

Calculation of an expression:

= (0.7g+0.6h-0.4)+(0.8-0.6h+0.5g)

= 0.7g + 0.6h - 0.4 + 0.8 - 0.6h + 0.5g

= 1.2g + 0.4

Learn more about the expression here: https://brainly.com/question/24422266

What linear function represents the line given by the point slope equation y+7= 2/3(x+6)?

Answers

Answer:

The graph of the line in the attached figure

Step-by-step explanation:

we have

[tex]y+7=\frac{2}{3}(x+6)[/tex]

This is the equation of a line into point slope form

The slope is [tex]m=\frac{2}{3}[/tex]

The line pass through the point (-6,-7)

To graph the line find the y-intercept

Remember that

The y-intercept of the line is the value of y when the value of x is equal to zero

so

For x=0

[tex]y+7=\frac{2}{3}(0+6)[/tex]

[tex]y+7=\frac{2}{3}(6)[/tex]

[tex]y+7=4[/tex]

[tex]y=4-7=-3[/tex]

The y-intercept is the point (0,-3)

with the point (-6,-7) and (0,-3) plot the line

see the attached figure

What is rotation?

A translation that leaves the origin fixed while not losing the shape of the curves
A translation that changes the origin while not losing the shape of the curves
A translation that leaves the origin fixed while changing the shape of the curves
A translation that changes the origin while also changing the shape of the curves

Answers

Answer:

The right choice is (C) A translation that leaves the origin fixed while changing the shape of the curve

Step-by-step explanation:

A transformation in which the center of rotation is fixed and everything else on the plane rotates about that point by a given angle is called rotation. A rotation is described by the centre of rotation, the angle of rotation, and the direction of the turn. The centre of rotation is the point that a shape rotates around. Each point in the shape must stay an equal distance from the centre of rotation.

Answer: a translation that leaves the origin fixed while not losing the shapes of the curves

Step-by-step explanation:

What is a perfect square? 20,21,24,25

Answers

25 is a perfect square.

5×5=25.

a point is chosen at random in a large square what percent of the time will the point be in the shaded region

Answers

Answer:

  84.5%

Step-by-step explanation:

The area of the smaller square is ...

  smaller square = (5.98 cm)^2 = 35.7604 cm^2

The area of the larger square is ...

  larger square = (15.2 cm)^2 = 231.04 cm^2

So, the shaded area is ...

  larger square - smaller square = (231.04 -35.7604) cm^2 = 195.2796 cm^2

Then a randomly chosen point will be in the shaded region this fraction of the time:

  (shaded area)/(larger square area) = 195.2796/231.04 ≈ 0.84522 ≈ 84.5%

Loliidewkwkwkwkkdjieejwjwm

Answers

Answer:

1234567890

Step-by-step explanation:

1234567890-zxhjk

it is recommended that 13-year old girls get 45 milligrams of vitamin C each day . The table shows the vitamin C content of three foods . What precentage of the recommended amount will Ardis receive if she eats all of these foods in one day.

(Answers)
A 2.22
B 6.00
C 270
D 600

Answers

The answer is B. 600

How do I find The first figure is dilated to form the second figure.

Which statement is true?

A. The scale factor is 0.25.

B. The scale factor is 4.

C. The scale factor is 4.35.

D. The scale factor is 7.25.

Answers

Answer:

The marked choice is correct

Step-by-step explanation:

The scale factor is the ratio of the dimensions of the second figure to those of the first:

1.45/5.8 = 0.25

Answer:The scale factor is 0.25. Trust me, its right!

Determine whether a triangle can be formed with the given side lengths. If so, use Heron's formula to find the area of the triangle.

a = 240
b = 127
c = 281

Answers

Answer:

  area of the triangle is about 15,183.766

Step-by-step explanation:

The sum of the two shortest sides is 367, which is greater than the longest side, hence these side lengths can form a triangle.*

The perimeter is ...

  p = 240 +127 +281 = 648

so the semi-perimeter is ...

  s = p/2 = 648/2 = 324

Heron's formula tells you the area is ...

  A = √(s(s -a)(s -b)(s -c)) = √(324·84·197·43) = √230,546,736

  A ≈ 15,183.766

The area of the triangle is about 15,183.766 square units.

_____

* The terms s-a, s-b, and s-c are all positive, which is further evidence the side lengths will form a triangle. If one or more of those factors is negative, the side lengths will not form a triangle.

(8q+5)^2=64q^2+[]q+25
What is the missing value? []

Answers

Answer:

  80

Step-by-step explanation:

The square of a binomial is ...

  (a +b)^2 = a^2 + 2ab + b^2

You have a=8q, b=5, so the square is ...

  (8q)^2 + 2(8q)(5) + (5)^2

  = 64q^2 +80q +25

The coefficient missing from your given expression is 80.

HELP help me find the arc of the semicircle found in the picture

Answers

Shouldn’t it be 180 because that half of a circle (360)

I think this should be it!

Mr. Burnam decided to go hot air ballooning for his fortieth birthday. He launches from 6 feet above ground and then ascends 12 feet further. He didn't want to leave his wife behind, so he descends 20 feet to meet her. Where does mr. Burnam end up?

Answers

Answer:

  2 feet below the ground level at the place where he started.

Step-by-step explanation:

After he adds 12 feet of elevation to the 6 feet above ground level where he launched, Mr Burnam is 6+12 = 18 feet above the ground level where he launched.

If he descends 20 feet, he will be 18 -20 = -2 feet above the ground level where he launched. That is, he is 2 feet below the ground level where he launched. We hope the ground slopes downward somewhat so Mr Burnam is not buried in the ground at that point.

Mr. Burnam ends up at 8 feet above ground.

To determine Mr. Burnam's final position, we need to consider each of his movements:

1. He starts from 6 feet above ground.

2. He ascends 12 feet further, so we add 12 feet to his initial height of 6 feet, which gives us (6 + 12 = 18) feet.

3. Then, he descends 20 feet to meet his wife. We subtract these 20 feet from his current height of 18 feet, which gives us (18 - 20 = -2) feet.

Since he can't be below ground, we adjust the calculation to reflect that he stops at ground level. Therefore, we take the absolute value of the result to find out how far above ground he is after the descent. The absolute value of -2 feet is 2 feet.

Now, we add this to the initial 6 feet from which he launched: (6 + 2 = 8) feet.

So, Mr. Burnam ends up at 8 feet above ground after all the ascending and descending.

A friend bought 2 boxes and 8 notebooks for school, it cost him $11 He went back to the store the same day to buy school supplies for his younger brother. He spent $11.25 on 3 boxes of pencils and 5 notebooks. How much would 7 notebooks cost?

Answers

Answer:

  $5.25

Step-by-step explanation:

If the friend tripled the first purchase and subtracted twice the second purchase, he would have the cost of 3·8-2·5 = 14 notebooks. 7 notebooks would cost half that amount:

  (3·$11 -2·11.25)/2 = $5.25 . . . . . cost of 7 notebooks

Given circle assume that AB Is tangent to the circle and AD Passes through the center of the circle. If the circle has a radius of 5CM and AB is 6CM what is the length of the secant

Answers

Answer:

d. 2√34 cm

Step-by-step explanation:

Secant BD is the hypotenuse of right triangle ABD with legs given as AB = 6 cm and AD = 10 cm. Hence the Pythagorean theorem can be used to find BD:

BD = √(AB² +AD²) = √((6 cm)² +(10 cm)² = √136 cm = 2√34 cm

Write the expression as a polynomial, using the corresponding formula for special product: (−a+b)(b–a)

Answers

Answer:

  b² -2ab +a²

Step-by-step explanation:

The first factor can be rearranged to put the minus sign in the middle. Then you have

  (b -a)(b -a) = (b -a)² = b² -2ab +a²

___

If you like, you can also write this as ...

  a² -2ab + b² . . . . . . terms in lexicographical order

_____

The "special product" of interest here is the square of a binomial:

  (p +q)² = p² +2pq +q²

You have p=b, q=-a, so the result is as shown above.

Last month Rachel power walked 2 1/5 miles per day on each of the 10 days. During the same week, she also joggged 8 1/4 Miles per days on 3 days. What was the total number of miles Rachel power walked and jogged last month?

Answers

she went a total of 46.75 miles

An electronics store reduced the price of a TV from $800 to $728. What was the percent of decrease?

Answers

Answer:

9%

Step-by-step explanation:

✯Hello✯

↪  We can formulate an equation to help us solve this

↪  800(x%) = 728 in this case x=91

↪  We do 100-91 meaning that this is a 9% decrease on price

↪  To check that this is correct we can work out 9% of 800 which is 72

When subtracting 72 from 800 it is confirmed that 728 is the right amount

❤Gianna❤

Final answer:

To find the percent of decrease in the TV's price, calculate the difference between the original and the new price, divide by the original price, and multiply by 100, which results in a 9% decrease.

Explanation:

To calculate the percent of decrease when the price of a TV is reduced from $800 to $728, you subtract the new price from the original price and then divide by the original price. Next, you multiply the result by 100 to get the percentage.

Step-by-step calculation:

Find the difference in price: $800 - $728 = $72.

Divide the difference by the original price: $72 ÷ $800 = 0.09.

Multiply by 100 to get the percentage: 0.09 x 100 = 9%.

So, the percent of decrease in the price of the TV is 9%.

In the equation kx^2 + 5x = 10k, find the other root if one root is -5.

Answers

Subtract 10k from both sides:

[tex] kx^2+5x-10k = 0 [/tex]

Assuming [tex]k\neq 0[/tex], divide both sides by k:

[tex] x^2+\dfrac{5}{k}x-10 = 0[/tex]

When you write a quadratic equation as [tex]x^2-sx+p [/tex], you know that the two solutions follow the properties

[tex]x_1+x_2=s,\quad x_1x_2=p [/tex]

So, in this case, we have

[tex]x_1+x_2=-\dfrac{5}{k},\quad x_1x_2=-10 [/tex]

Since we know that [tex]x_1=-5[/tex] we have:

[tex]\begin{cases}-5+x_2=-\dfrac{5}{k}\\ -5x_2=-10\end{cases}[/tex]

This system has solution [tex]k=\frac{5}{3},\ x=2[/tex]

Answer:

2

Step-by-step explanation:

One root = -5

We know ,

Product of roots = c/a-5 * x = -10k / k -5x = -10 x = 2

Other root is 2 .

Which inequality represents the interval of tenths that the square root of 14 lies between?

Answers

Answer:

3.7 < √14 < 3.8

Step-by-step explanation:

First approximation

9 < 14 < 16, so

3 < √14 < 4

Second approximation

14 is closer to 16 than to 9.

Is √14 between 3.7 and 3.8? If so, then

 3.7²  < 14 <   3.8²

13.69 < 14 < 14.44. TRUE

The inequality is 3.7 < √14 < 3.8.

(-8/9) / (-2/3) * (-4 1/2) plz help urgent

Answers

Answer: (-6) is the answer for your question

The sum of three positive numbers is 1. The difference between the first and second numbers is equal to the third number, while their sum is five times as large as the third number. What is the smallest of these numbers? pls answer quickly, 99 pts

Answers

Answer:

  1/6

Step-by-step explanation:

The three numbers, a, b, c, satisfy the equations ...

a +b +c = 1a -b -c = 0a +b -5c = 0

Subtracting the last equation from the first gives ...

  (a +b +c) -(a +b -5c) = (1) -(0)

  6c = 1

  c = 1/6

Now, we know the sum of the first two numbers is 5/6 (five times the last), and the difference of the first two numbers is 1/6 (equal to the last). Then the least of the first two numbers is ...

  (5/6 -1/6)/2 = 1/3

and the third number, 1/6, is shown to be the smallest.

The smallest of these numbers is 1/6.

____

In order, the numbers are 1/2, 1/3, 1/6.

____

Comment on finding the second-smallest number

For ...

a +b = 5/6 . . . . . sum of the two numbersa -b = 1/6 . . . . . . difference of the two numbers

We can find b by subtracting the second equation from the first:

  (a +b) -(a -b) = (5/6) -(1/6)

  2b = 4/6 = 2/3 . . . . . simplify

  b = 1/3 . . . . . . . . . . . . divide by 2

Please note that half the difference of the sum and difference is the generic solution to finding the smallest in a "sum and difference" problem.

HELP Find the number of non-degenerate triangles whose vertices are three of the points on this six-point star.

Answers

Answer:

20

Step-by-step explanation:

The number of combinations of 6 points taken 3 at a time is ...

6!/(3!·(6-3)!) = 6·5·4/(3·2·1) = 5·4 = 20

___

If you number the points 1–6, the points of the 20 triangles will be ...

123 124 125 126 134

135 136 145 146 156

234 235 236 245 246

256 345 346 356 456

A hot iron ball of mass 200 g is cooled to a temperature of 22°C. 6.9 kJ of heat is lost to the surroundings during the process. What was the initial temperature of the ball? (ciron = 0.444 J/g°C)

Answers

Answer:

99.7 °C

Step-by-step explanation:

The units of ciron tell us that in order to have °C in the numerator, we need to divide the heat loss by the product of the mass and ciron:

∆T = (6900 J)/(0.444 j/g°C × 200 g) = 69/0.888 °C ≈ 77.7 °C

This is the change in temperature as the ball cooled, so its initial temperature was ...

22 °C +77.7 °C = 99.7 °C

Need help on this please

Answers

Answer:

The answer is -3t(t^4 - 6t² - 1) ⇒ third answer

Step-by-step explanation:

∵ -3t^5 + 18t³ + 3t

∵ The common factor is -3t

∴ -3t(t^4 - 6t² - 1)

A rectangle is drawn on a coordinate plane. Three vertices of the rectangle are points
A(−7,2)
B(3,2)
, and
D(−7,−2)
Point C is the fourth vertex of the rectangle.
What is the distance from point B to point C?

Enter your answer in the box.

Answers

Answer:

4

Step-by-step explanation:

The distance from B to C is the same as the distance from A to D. Points B and C will both have the same x-value, as do points A and D. Points B and C will have the same difference in y-values (2 -(-2) = 4) that points A and D have.

The distance from B to C is 4 units.

How much would $500 invested at 9% interest compounded continuously be worth after 4 years? Round your answer to the nearest cent.

Answers

Answer:

 =705.79

Step-by-step explanation:

F=P(1+i)n  where F is the Future amount P is the Present amount/Capital i is the interest rate n is the number of periods.

In this case you have the given as follows:

    P = $500 i = 9% n = 4 years

Substituting the values to the formula you'll have:

F=500(1+0.09)^4

 =705.79

I have a stat class review and what would be the letter choice for this scatter plot?

A Scatterplot with the least squares regression line is shown.
estimate the value to the nearest half unit

what is the observed value for X=3

A 1.5
B -1.5
C 4.5
D 6

Please any explanation helps im offering 25 pts:)

Answers

The observed value when x = 3, estimated to the nearest half unit is y = 4.5.

What is known as observed value?

The observed value is the actual value of the variable. The points on the regression line are called predicted values.

From the given image, we can observe that the value of y for which x is 3 is shown as somewhere between 4 and 5. The only value of y which lies between 4 and 5 in the given options is 4.5. It is the observed value.1.5, -1.5, and 6 do not lie between 4 and 5. Therefore, they are not the correct answers.

Therefore, the observed value of y when x = 3, estimated to the nearest half unit is y = 4.5. The correct answer is option C.

Learn more about observed values here: https://brainly.com/question/11888173

#SPJ2

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