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liq [111]
2 years ago
7

A cash advance is _____.

Business
1 answer:
sasho [114]2 years ago
5 0
The answer is option A. Cash Borrowed from the Credit Card Account

Most Credit Card companies provided a service which allow the card holders to withdraw some amount of cash up to a certain limit.

This limit will significantly increase if you have a better type of credit cards. ( Gold Credit Cards limit > Silver Credit Card)

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Even if you are willing to take on more responsibility, you need to make sure that ______. a. you do not take on too much b. you
pentagon [3]
Tricky tricky. I'll go with 'A. you do not take too much' from experience.
4 0
3 years ago
Read 2 more answers
The manager of a bulk foods establishment sells a trail mix for $6 per pound and premium cashews for $12 per pound. The manager
irakobra [83]

Answer:

70

Explanation:

12X+6(105-X)=105*10

12X+630-6X=1050

6X=1050-630

6X=420

X=420/6

So,

  • X=70 LBS. OF $12 CASHEWS IS USED.
  • 105-70=35 LBS. OF $6 TRAIL MIX IS USED.

<u>PROOF: </u>

12*70+6*35=105*10

840+210=1050

1050=1050

3 0
2 years ago
Deanna purchased $24,000 worth of stock and paid her broker a 1% broker fee. She sold the stock when it increased to $29,100 thr
vazorg [7]

Answer:

Here:

Explanation:

Purchase price of shares = 24000

total purchase cost = price of shares bought + broker fees total purchase cost = 24000 + 0.01*24000 =24240

selling price of shares = 29100

total selling cost = price of shares sold - broker fees total selling cost = 29100 - 35 = 29065

Net proceeeds = total selling cost - total purchase cost Net proceeds = 29065 - 24240 = 4825

7 0
2 years ago
Why is the interest rate of a loan one of the most important things to consider when shopping around for loans?
Orlov [11]
<span>The interest rate can drastically change the total amount paid to the lender</span>
7 0
2 years ago
Read 2 more answers
What is a secured loan
Anon25 [30]
" A secured loan is, a loan in which borrower pledges some asset as calateral for the loan, which them becomes a secured dept owned to the creditor who gives the loan."
8 0
3 years ago
Read 2 more answers
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