Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. 5. what is the difference between open-end credit

5. What is the difference between Open-end Credit and Close-end Credit? Give the examples and...

80.2K

Verified Solution

Question

Finance

5. What is the difference between Open-end Credit and Close-end Credit? Give the examples and application for these credit methods. In your opinion, how many credit cards are too many? Explain your reasoning.

6. How do loans affect a banks income? Why is liquidity risk considerable inportance to a banks loan policy? According to Vietnamese Law on credit institutions, can commercial banks use short-term deposits for long-term loans?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

A man won ​$5 million by scoring 16 goals in 23 seconds in a contest at...

Geometry
1.2K views

30 In AABC below the m ABC 90 If XC 2 and CB 2 5...

Algebra
1.2K views

If 4 sweaters cost 48 48 how much would 8 sweaters cost The cost for...

Accounting
1.2K views

Part IV- Acceusts Receivable w Aenary L, 3017, Flest...

Accounting
1.2K views

Which type of distribution from an S corporation is taxed at the O/15/20% Federal income...

Accounting
1.2K views

Required information Skip to question [The following information applies to the questions displayed below.]...

Accounting
1.2K views

Water Planet is considering purchasing a water park in Charleston comma South CarolinaCharleston, South Carolina,...

Accounting
1.2K views

A loan is repaid with 20 increasing annual installments of 1,2,3, ,20. The payments begin...

Accounting
1.2K views

Carla Vista Company's budgeted sales and direct materials purchases are as follows. Carla Vista's...

Accounting
1.2K views

If improvement in a performance measure on a balanced scorecard should lead to improvement in...

Accounting
1.2K views

The following accounts appear in the ledger of Marigold Corp. after the books are closed...

Finance
1.2K views

The expected return of Skysong is 15.9 percent, and the expected return of Concord is...