A+credit+card+company+will+charge+you+2.5%+of+interest/month+for+the+unpaid+balance.+the+actual+effective+rate+of+interest/year+will+be+most+nearly:_____.
Answers
The actual effective rate of interest/year will be most nearly 9.55%
A credit card is a kind of credit facility, furnished by banks that allow clients to borrow funds inside a pre-approved credit restriction. It enables customers to make buy transactions on goods and offerings.
credit cards will probably be the very best cards to get for those with either bad credit scores or no credit scores. it really is because they require collateral prematurely within the form of a security deposit, that's commonly equal to the quantity of your credit line and reduces the chance to the card company in case you fail to pay your bill.
Amount = Principal * ( 1 + r ) ^ number of periods
Amount = 600
Principal = 500
Number of years 2
$ 600 = $ 500 * ( 1 + r ) ^2
$ 600 / $ 500 = ( 1 + r ) ^2
1.2 ( 1 + r ) ^ 2
sqrt of 1.2 = 1 + r
1.095445115 1 + r
9.55% r
r = 9.55%
Disclaimer:- The correct format of the question is given below.
A credit card company will charge you 2.5% of interest/month for the unpaid balance. the actual effective rate of interest/year will be most nearly:_____.
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Related Questions
how suppliers and producers can also be consumers
Answers
Answer:
They can also be consumers because the product they sell may be a necesity such as food, or basic clothing.
Explanation:
Needs are basic things needed to live which is why a supplier or producers may be a consumer to their own product. Also consumption could also just be resurculation of what they got paid.
Answer:
As a producer, create an ad promoting an item you produced. As a consumer, create a list of goods and services you would get to throw your friend a birthday party. Explain how a consumer and producer rely on each other. You have been given the opportunity to produce an item to sell at a local flea market.
Explanation:
your friends have been studying the closing prices of tech stocks, looking for interesting patterns. they’ve defined something called a rising trend, as follows.
Answers
The rising trend in the context of studying the closing prices of tech stocks refers to a pattern where the prices of these stocks consistently increase over a certain period of time. This pattern can be identified by analyzing the historical data and observing a series of higher highs and higher lows in the stock prices.
To understand a rising trend, let's consider an example. Suppose you and your friends are studying the closing prices of a tech stock over the past month. The stock's closing prices for each day are as follows:
Day 1: $50
Day 2: $55
Day 3: $58
Day 4: $62
Day 5: $65
In this example, we can see that the stock's closing prices have been consistently increasing over the course of the month. On Day 1, the stock was priced at $50, and by Day 5, it had increased to $65. This indicates a rising trend.
To further analyze the rising trend, we can look at the pattern of higher highs and higher lows. A higher high refers to the highest price reached during a specific period, while a higher low refers to the lowest price reached during the same period. In our example, the highest price reached was $65 (Day 5), which is higher than the previous highest price of $62 (Day 4). Similarly, the lowest price reached was $50 (Day 1), which is higher than the previous lowest price of $55 (Day 2). This confirms the rising trend.
By identifying and analyzing rising trends in tech stocks, your friends may be able to gain insights into potential investment opportunities or market trends. However, it is important to note that past performance is not a guarantee of future results, and additional research and analysis should be conducted before making any investment decisions.
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Type the correct answer in the box. Spell all words correctly.
Which quality helps a leader cooperate with team members?
_____ is a quality that helps a leader cooperate with the team on important matters to achieve company goals.
Answers
Answer:
agreeableness
Explanation:
I got the right answer on edmentum
in the long run, – costs are variable and firms have – control over their costs. in the short run, costs are related to – . in the long run, costs are related to
Answers
In the long run, all costs are variable and firms have complete control over their costs. This means that, in the long run, firms are able to adjust their inputs, production levels, and processes to optimize their costs and improve their profitability.
This is in contrast to the short run, where some costs are fixed and firms have limited control over their costs.
In the short run, costs are related to the level of production, as firms are limited in their ability to adjust their inputs and production levels.
This means that, in the short run, firms may have some fixed costs, such as rent, salaries, or lease payments, that do not vary with the level of production.
Variable costs, such as raw materials or hourly wages, are directly related to the level of production and will increase as production increases.
In the long run, however, firms have the ability to adjust all of their costs, including fixed costs. This means that firms can optimize their operations to minimize their costs and increase their profitability.
For example, firms may be able to invest in new technology, change their production processes, or relocate to a new facility to reduce their fixed costs.
In the long run, costs are related to the scale of production, as firms can adjust their inputs and production levels to optimize their costs.
This means that as firms grow in size, they may be able to achieve economies of scale, which occur when the cost per unit of output decreases as the scale of production increases.
This can be due to factors such as bulk purchasing, specialization, or increased efficiency.
In conclusion, in the long run, all costs are variable and firms have complete control over their costs.
This allows firms to optimize their operations and achieve economies of scale to improve their profitability.
In the short run, some costs may be fixed and firms have limited control over their costs, but variable costs are still related to the level of production.
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_____ occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput increases.
Answers
The Economies of scale occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput increases.
Hope It's Help
How does your state’s on-time payment record compare to the national rate?
Answers
It should be noted that my state’s on-time payment record is high compare to the national rate.
What is a credit score?A credit score serves as a numerical expression based on a level analysis of a person's credit files.
This is a term that to represent the creditworthiness of an individual after his account has been checked.
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Career Cluster
If your dream is to be an elementary school teacher, the
might be best for you.
A. Education and Training
B. Human Services
C. Health Sciences
D. Training and Instruction
Answers
Answer: A
Explanation
more recently, apple has leveraged its itunes platform as a distribution channel to launch a new subscription service. just nine months after launching the apple music, the firm had attracted over 13 million paying subscribers to its streaming service. group of answer choices true false
Answers
The statement "more recently, apple has leveraged its itunes platform as a distribution channel to launch a new subscription service. just nine months after launching the apple music, the firm had attracted over 13 million paying subscribers to its streaming service." is true. Apple has leveraged its iTunes platform as a distribution channel to launch its subscription service, Apple Music.
Apple has indeed leveraged its iTunes platform as a distribution channel to launch a new subscription service called Apple Music. Just nine months after launching Apple Music, the firm had attracted over 13 million paying subscribers to its streaming service. This shows the effectiveness of using a well-established distribution channel like iTunes to launch a new product or service.
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Which one of the four factors of copyright is MOST important?
Answers
Answer:
the purpose and character of the use i think
Explanation:
how do contact lists differ from an address book?
Answers
Answer:
Contact lists contain more information about a person than an address book.
~faith
Explanation:
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eugene delacroix is ready to purchase a new suit. It regularly sells for $132.45, but is on sale for $89.95. What is the markdown?
Answers
A suit ready to be purchased by Eugene Delacroix with a regular price of $132.45 is on sale for $89.95, the markdown on this suit is 47.25%.
Markdown on any sales item is calculated by the difference between the regular price and the sale price of the item divided by the actual or sale price.
According to the question, the suit regularly sells for $132.45 but is on sale for $89.95. So, the difference between the regular price and the sale price is $42.5. To calculate markdown, The difference between the prices is divided by the actual price.
Markdown percentage = (42.5 ÷ 89.95) × 100 = 47.25%
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A cessation of work by union members in order to obtain economic benefits or correct an unfair labor practice is
A. a strike.
B. a cooling off period.
C. illegal.
D. a boycott.
Answers
Which is an example of an external factor that may affect purchase decisions?
A. Entrepreneurs risk appetite
B. Money available with the entrepreneur
C. Government policies specific to the entrepreneurs business
D. The entrepreneurs business objectives and goals
Answers
for which product is demand likely to be the most elastic?
Answers
Because consumers are willing to purchase at a cheaper price if prices drop, expensive goods frequently exhibit strong price elasticity. Products with numerous alternatives or competitors are elastic because customers switch to alternative products as the price of the original product rises.
What are causes of price elasticity?The four variables that determine price elasticity of demand are: (1) the availability of substitutes; (2) whether the commodity is a luxury or a necessity; (3) the percentage of money spent on the good; and (4) the amount of time that has passed since the price changed. A positive income elasticity indicates that the good is typical. The quantity of producers, spare capacity, ease of switching, ease of storage, duration of the production cycle, length of the training cycle, factor mobility, and how costs respond are only a few of the variables that affect how elastic the price of supply is.
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Andy's utility function for candy is. U(x) = 10vx. If Andy eats 64 pieces of candy,
how much utility does Andy receive?
Answers
Answer:
U(x) = 10vx. If Andy eats 64 pieces of candy,
Explanation:
Journal entry for purchased goods from ABC Co. for Rs. 11,000.
Answers
Answer:
purchase A/c. Dr. Rs.11,000
To ABC CO.A/c. Rs.11,000
(being goods purchased in cash)
Consider the businesses that began in the founders garages? What were the benefits of starting in there garage for these companies ? Would you ever consider starting your business in your garage why or why not
Answers
Some of the benefits of starting their companies in their garage to the businesses were:
Low costs of operations Allows for work at odd hours Comfortable and familiar environmentFor the benefits above given, I would consider starting my business in my garage.
What are the benefits of starting a business in a garage?When you have your business in your own garage, you won't have to pay for things like rent and utilities for the business alone which would save you from costs of operating.
You can also work at the garage in odd hours like the early mornings and late nights without worrying about safety or being too far from home.
Also, you can dress as comfortably as you like because you'll still be home. This will help with creativity.
These are good reasons why I would start my business from my garage.
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The aggregate quantity of goods and services demanded changes as the price level falls because.
Answers
Answer: A. real wealth rises, interest rates falls and the dollar depreciates.
people may either start or buy small businesses for the sole purpose of providing an income for themselves and their families. these people may not intend to be particularly innovative, nor do they plan to expand significantly. this is what type of entrepreneurship?
Answers
These people may not intend to be particularly innovative, nor do they plan to expand significantly. this is the Lifestyle of entrepreneurship.
An entrepreneur is someone who has an idea and who works to produce a product or service that people will buy, as well as an association to support that trouble.
Entrepreneur takes on the utmost of threat and action for their new business and is frequently seen as a visionary innovator.
An entrepreneur is a person who starts a new business and generally risks his own plutocrat to start the adventure. exemplifications of well-known entrepreneurs include Bill Gates, Steve Jobs, Mark Zuckerberg, Pierre Omidyar, Arianna Huffington, and Caterina Fake.
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list five types of data peloton might be collecting from its customers as they ride on a bike or use a treadmill.
Answers
Peloton may collect the following five types of data from its customers as they ride on a bike or use a treadmill:
1. Workout duration: The time spent by customers exercising on the equipment.
2. Distance covered: The total distance customers travel on the bike or treadmill.
3. Heart rate: The customer's heart rate as they exercise, is usually monitored through wearable devices.
4. Calories burned: The estimated number of calories burned during the workout session.
5. Performance metrics: Data such as speed, incline, and resistance levels used by customers during their workouts.
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Rachel deposited 45,500 into her savings account.it earns 7.5% interest and is compounded semi-annually.how much will she have after 18 months?
Answers
(Maturity value) A = 50,713.56
When the frequency of compounding is used as a power to rate, it produces multiples, which is nothing more than compounding, and when that result is multiplied by the principal amount, it produces the maturity value that can be obtained.
(Maturity value) A = P \((1 + r)^{t}\) gives the amount after t years at a rate of 4%.
P = 45,500
r = 0.075
t = 18 months = 1.5 years
A = 45,500 x \((1 + 0.075)^{1.5}\)
A = 45,500 x \((1.075)^{1.5}\)
A = 45,500 x 1.1145837227
∴ (Maturity value) A = 50,713.56
Maturity value is the amount to be received on the due date or on the maturity of the instrument/security that the investor is holding over its time period, and it is calculated by multiplying the principal amount by compounding interest, which is further calculated by one plus rate of interest to the power of time period.
The formula used to calculate Maturity value involves the use of principal amount, which is the amount invested at the beginning, n, the number of periods for which the investor is investing, and r, the rate of interest earned on that investment.
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fill in the blank.a manufacturing company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet. while doing so, the cash balance can be taken from the ________.
Answers
A manufacturing company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet. while doing so, the cash balance can be taken from the cash budget .
The cash budget takes into account various sources of cash inflows, such as sales revenue, investments, loans, and other sources. It also considers cash outflows such as expenses, capital expenditures, debt repayments, and other payments. By analyzing these figures, the cash budget helps a company to understand its cash position, identify potential shortfalls, and make necessary adjustments to ensure that it has enough cash to meet its financial obligations. Once the cash budget has been prepared, the company can use the information to prepare the budgeted balance sheet.
The balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It includes information on the company's assets, liabilities, and equity. The cash balance is an important component of the balance sheet as it represents the amount of cash and cash equivalents that a company has on hand.
This figure is typically taken directly from the cash budget, which provides a detailed projection of the company's cash inflows and outflows. In summary, when preparing the budgeted balance sheet, the cash balance can be taken directly from the cash budget. The cash budget is a critical component of the budgeting process as it helps a company to manage its cash flow and ensure that it has enough cash on hand to meet its financial obligations.
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________ are households that are paid for recording their purchases and/or media viewing habits in diaries that are combined with data from thousands of households and analyzed by data providers. A) Consumer panels B) Data generators C) Quota samples D) Probability samples E) Lifetime value profiles
Answers
A) Consumer panels are households that are paid for recording their purchases and/or media viewing habits in diaries that are combined with data from thousands of households and analyzed by data providers
Consumer panels are groups of households that are recruited and paid to record their purchases and/or media viewing habits in diaries or through other data collection methods. This data is then combined with information from thousands of other households to create a representative sample of the population, which can be analyzed by data providers to gain insights into consumer behavior. Consumer panels are often used in market research to track trends, understand consumer preferences, and inform business decisions. These panels may be recruited based on various criteria, such as demographic characteristics, geographic location, or purchasing behavior, and can provide valuable data for companies looking to improve their products or marketing strategies.
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Paul owns a photography studio, and he has applied for a loan to
purchase a larger space so he can show his, and other local photographers’, work.
As part of the loan process, the bank reviews Paul’s credit history, which reveals that
Paul’s studio has been in operation for six months, Paul has an active loan on some
photography equipment for $8,000, Paul has a credit score of 650, and the studio
turns a decent profit. Given all this information, Paul’s loan is denied.
Determine which item from Paul’s credit history caused the denial.
Answers
Answer:
A credit score of 650 is slightly below average for the populace, coupled with the fact that the studio has been in operation for a short period of time and he has an outstanding loan of $8,000, is the reason he was rejected. It was the outstanding loan.
Explanation:
Gregory is the marketing head of his company. His company has been manufacturing and selling canned processed foods for decades. These canned foods have been widely sold all across the nation. Consumers have grown to identify his company's brand of canned foods. What type of product advertisement should Gregory use to sell his company's canned food
Answers
Answer:
the answer is D. Its not c
Explanation:
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Determine which of the following duties are the responsibilities of the security department.
Answers
Answer:
I would say safekeeping of employees and guests, as well as eliminating probable threats.
Explanation:
The accompanying graphs depict the market for bags of potato chips, which is currently at an equilibrium price of $1.67 per bag and an equilibrium quantity of 3.33 million bags. Suppose that, in an attempt to lower blood pressure and reduce healthcare costs, the government imposes a $1.00 excise (or commodity) tax on potato chips. Scroll down to answer all 6 parts of the question
a. Suppose the government levies this tax on manufacturers for each bag of potato chips they produce. Please shift the curve(s) to illustrate this.
b. What is the price paid per bag by consumers (Pc) after the production tax?
c. What is the price received net of tax (Pp) per bag by producers after the production tax?
d. Suppose the government, instead of levying the tax on producers, levies this tax on consumers for each bag of potato chips they purchase. Please shift the curve(s) to illustrate this.
e. What is the effective price paid per bag by consumers (Pc) after the consumption tax?
f. What is the price received net of tax (Pp) by producers after the consumption tax?
Answers
A market-clearing price, often referred to as an equilibrium price, seems to be the consumer cost associated with a good or service when the demand and supply are equal or nearly equal.
By equilibrium pricing, what do you mean?Economic equilibrium in economics refers to a scenario where demand as well as supply are balanced and the values underlying economic variables do not change in the absence of outside factors.
1. As the tax levied is $1, the supply curve rises by $1 from of the equilibrium price.
2.2(3.33/$1.67)
3. 1(3.33/($1.67+$1)
4. From the equilibrium price, the demand curve declines by $1. (due to tax imposed)
5. 2(3.33/$1.67)
6. 1(3.33/($1.67+$1)
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which of the following is the correct word phrase of "4b+10"?
A. four added to 10
B. the product of four and B added to 10
C. the sum of 4 and B plus 10
D. the product of four and B subtracted to 10
Answers
4b can be interpreted as 4 multiples by b. B is a variable in this expression. Plus 10. So it would the product of four and B added to 10.
Beekeeping has become a focus of Jacinta’s life. She understands that bees are fast disappearing and works hard to keep her hives healthy and productive. The Agriculture, Food, and Natural Resource pathway Jacinta works in is _____.
a) Food Products & Processing Systems
b) Agribusiness Systems
c) Animal Systems
d) Natural Resources Systems
Answers
Answer:
the answer is b which is: Agri business
Answer: c
Explanation:
An example of an asset is:
Answers
Answer:here
Explanation: A company lists its assets with a dollar amount on balance sheets. Assets are made up of liabilities and equity on the balance sheet.
a useful or valuable thing, person, or quality.
"quick reflexes were his chief asset"property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies. military equipment, such as planes, ships, communications and radar installations, employed or targeted in military operations.