Answer:
grace period = 2
credit report= 4
secured card = 3
annual percentage rate = 1
Answer:
annual percentage ; the amount of interest charged on unpaid balances
grace paid ; number of days to run a balance before fees or interest are charged.
balance transfer ; the movement of money owed on one credit card to another credit card.
credit report ; listing of a person's financial information and history.
Explanation:
ap3x correct
Fixed costs are _____.
a. the costs related to the product that have to be paid regardless of the amount you sell
b. the costs that change depending on a company's performance
c. the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
d. none of the above
20 POINTS HURRY PLZZZ
Answer:
d. none of the above
Explanation:
Fixed costs are a firm's expenses that remain constant in a financial period. These are the costs that are not affected by the level or quantity of output. Fixed costs are the costs of staying in business because they have to be paid regardless of output level. Examples of fixed costs include rent, administrative salaries, insurance, depreciation, and license fees.
Costs that vary depending on company performance are variable costs. Opportunity costs are the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
Answer:
The answer is A. the costs related to the product that have to be paid regardless of the amount you sell
Explanation:
Janet Boyle intends to deposit $300 per year in a credit union for the next 10 years, and the credit union pays an annual interest rate of 8%. A. Determine the future value that Janet will have at the end of 10 years, given that end-of-period deposits are made and no interest is withdrawn, if (1) $300 is deposited annually and the credit union pays interest annually. (2) $150 is deposited semiannually and the credit union pays interest semiannually. (3) $75 is deposited quarterly and the credit union pays interest quarterly. B. Use your finding in part a to discuss the effect of more frequent deposits and compounding of interest on the future value of an annuity.
Answer:
A(1) Future value of annual deposit = $4,345.97
A(2) Future value of semiannual deposit = $4,466.71
A(3) Future value of quarterly deposit = $4,530.15
B. The more frequent deposits and compounding of interest are, the higher the future value of an annuity of an annuity will be.
Explanation:
A(1). Determine the future value that Janet will have at the end of 10 years, given that end-of-period deposits are made and no interest is withdrawn if (1) $300 is deposited annually and the credit union pays interest annually.
These can be calculated using the Future Value (FV) of an Ordinary Annuity as follows:
FVA = P * (((1 + r)^n - 1) / r) ................................. (1)
Where,
FVA = Future value of the annual deposit = ?
P = Annual deposit = $300
r = Annual interest rate = 8%, or 0.08
n = number of years = 10
Substituting the values into equation (1), we have:
FVA = $300 * (((1 + 0.08)^10 - 1) / 0.08)
FVA = $4,345.97
A(2). Determine the future value that Janet will have at the end of 10 years, given that end-of-period deposits are made and no interest is withdrawn if (2) $150 is deposited semiannually and the credit union pays interest semiannually.
These can be calculated using the Future Value (FV) of an Ordinary Annuity as follows:
FVS = P * (((1 + r)^n - 1) / r) ................................. (2)
Where,
FVS = Future value of the semiannual deposit = ?
P = Semiannual deposit = $150
r = Semiannual interest rate = 8% / 2 = 0.08 / 2 = 0.04
n = number of semiannual = 10 * 2 = 20
Substituting the values into equation (2), we have:
FVS = $150 * (((1 + 0.04)^20 - 1) / 0.04)
FVS = $4,466.71
A(3). Determine the future value that Janet will have at the end of 10 years, given that end-of-period deposits are made and no interest is withdrawn if (3) $75 is deposited quarterly and the credit union pays interest quarterly.
These can be calculated using the Future Value (FV) of an Ordinary Annuity as follows:
FVQ = P * (((1 + r)^n - 1) / r) ................................. (3)
Where,
FVQ = Future value of the semiannual deposit = ?
P = Quarterly deposit = $75
r = Quarterly interest rate = 8% / 4 = 0.08 / 4 = 0.02
n = number of quarters = 10 * 4 = 40
Substituting the values into equation (3), we have:
FVQ = $75 * (((1 + 0.02)^40 - 1) / 0.02)
FVQ = $4,530.15
B. Use your finding in part a to discuss the effect of more frequent deposits and compounding of interest on the future value of an annuity.
Since the future value of quarterly deposit of $4,530.15 is greater than the future value of semiannual deposit of $4,466.71 which on its own is also greater than the future value of annual deposit of $4,345.97, this implies that the more frequent deposits and compounding of interest are, the higher the future value of an annuity will be.
16. Demographics are
Answer:
statistical data relating to the population and particular groups within it.
Explanation:
!!
Miguel choose to save for a car instead of traveling around Europe with friends. Though he was sad to miss the trip, he knew it was necessary if he wanted the car. What does this scenario BEST demonstrate?
A.
opportunity cost
B.
inflation
C.
passive income
D.
personal risks
Answer:
A. opportunity cost
Explanation:
Opportunity cost is the foregone benefit as a result of not choosing a particular option. It is the forfeited advantage in the decisions making process.
Miguel forfeited visiting Europe save for a car. He sacrificed the satisfaction of visiting Europe to buy the car. The sacrificed joy is the opportunity cost.
Answer:
opportunity cost
Explanation:
Target's Market Pantry is an example of which of the following brand types?
Private label brand
Generic
Name brand
Corporate brand
Answer:
Name brand. hope this helps
The Galindo family plans to start a small business in our neighborhood. The father
borrows $10,000 from the bank at an annual interest rate of 7.5% rate for 42
months. What is the amount of interest he will pay on this loan?
$26.25
$26,250
$262,500
$2,625
Answer:
$2,625
Explanation:
Interest is calculated using the formula
I = p x r x t
For Galindo family
I= interest,
P = principal amount : $10,000
r= Interest rate: 7.5 % or 0.075
t= times in years : 3.5 years( 42 months /12)
I= $10,000 x 0.075 x 3.5
I=750 x 3.5
I=$2,625
differentiate between primary and secondary wants
Answer:
Difference between primary needs and secondary needs: Primary needs: The primary needs are the basic requirements according to biological demands like oxygen for breathing, water for overcoming thirst, food for living and shelter. The secondary needs are the needs that remain even after the primary needs are satisfied
write the importance of WTO
Answer:
In brief, the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
Explanation:
this is the importance I think it could have.
Why are carpenters considered generalists?
O They are able to work independently.
O They supervise other workers on the operations team.
O They need an associate's degree for licensure.
O They are versatile and perform a variety of tasks.
Answer:
I feel like it's the last one but I could be wrong plz let me know
Explanation:
Answer:
They are versatile and perform a variety of tasks.
Explanation:
guidance and discipline strategies in emergency child care setting should ?
a. be individualized for each child
c. be consistent for each child
d. teach children acceptable behavior
e. teach children self control
f. all of above
If root 2 = 1.44412 , find the value of root of root 2 minus 1 divided by root 2 plus 1
Answer:
0.7516567698
Explanation:
I have a good caculator!
giving 80 points. Imagine that you are an economist whose job is to judge the impact of a new robotic assembly machine that is being widely adopted throughout the automotive industry. This new machinery has greatly increased the rate of new car production. However, it has also replaced many workers, leading to widespread job losses. In addition, although the supply of new cars may soon exceed demand, prices and profits have remained stable so far. In a brief paragraph, explain whether you would judge that this new technology has helped or hurt the overall economy. Be sure to clarify why you decided as you did. giving 80 points.
Answer:
I think it helped economy
Explanation:
I think Because If there will be facilitated car then there will be nice transportation and reserved visiting. Before looking my answer once you should look all information on internet too. I may be incorrect also.
What are some consequences of not helping your team with a project? (Take your time)
Answer:
F maybe umm ion know just not good so help ur team
Explanation:
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what is one of the reasons marketing is essential to the free market system A. it employs more people that any other career group. B. it helps educate consumers about competitive products. C. the sales of advertising makes television programming possible. D. it ensures that companies make healthy profit.
Answer:
B. it helps educate consumers about competitive products.
Explanation:
In the free-market economy, entrepreneurs have the freedom to start and operate any business of their preference. They are no restrictions on the number or type of business to establish. Due to this reason, business competition is very intense. Producers provide a variety of products and services that offer solutions to customers' problems.
Marketing becomes important as it informs consumers of the various goods and services available. It equips customers with the knowledge to enables them to choose between products.
