If you offer volume discounts, it will encourage customers to buy more than that would have otherwise. For example, if each pair of socks is $5 but you offer a volume discount where customers can get 10 pairs for $30 you are encouraging them to spend more than they normally would.
14.9228% effective annual interest rate does this credit card charge.
What is interest?
Interest is the fee you charge for lending money or the expense of borrowing it. The actual amount plus interest must be paid, plus a percentage.
The annual interest rate formula is
EAR=(1+r/m)m−1
r = interest
m = monthly
EAR= (1+13.99% / 12)12−1
EAR= (1+0.139912)12−1
EAR = 0.149228
EAR = 14.9228%
Hence, the significance of the interest is aforementioned.
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Answer:
The correct answer is B.
Explanation:
Giving the following information:
In April 2013, Sparkle Enterprises purchased the Crimson Mine for $18,000,000. The mine is estimated to contain 500,000 tons of ore with a residual value of $2,000,000 after mining operations are completed. During 2013, 120,000 tons of ore were removed from the mine and sold.
Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced
Annual depreciation= (16,000,000/500,000)*120,000= $3,840,000
Based on this information and the components of self-regulation, Sherry is implementing <u>self-evaluation</u>.
<h3>What are self-regulation?</h3>
It is the ability to analyze the environment and the set of processes that we carry out in order to successfully manage ourselves whose components are self-observation, self-evaluation and self-reinforcement.
Self-evaluation component refers to the fact that the person determines some criteria that mark or guide the objectives that he wants to achieve, these criteria can contrast whether the change in behavior is the one he is looking for or not, according to his objectives.
Therefore, we can conclude that based on this information and the components of self-regulation, Sherry is implementing self-evaluation.
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Answer:
a. Did you purchase or lease the vehicle? CATEGORICAL DATA
b. What price did you pay? QUANTITATIVE DATA
c. What is the overall attractiveness of your vehicle's exterior? (Unacceptable, Average, Outstanding, or Truly Exceptional) CATEGORICAL DATA
d. What is your average miles-per-gallon? QUANTITATIVE DATA
e. What is your overall rating of your new vehicle? (l- to 10-point scale with 1 Unacceptable and 10 Truly Exceptional) QUANTITATIVE DATA
Explanation:
Quantitative data can be measured in numbers, e.g. 20 miles per gallon. While categorical data refers to non-numerical responses, e.g. higher quality, better looks, and is generally obtained by choosing one response from a group of available answers.
