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kiruha [24]
1 year ago
5

What is the prime rate? a. the prime rate is the best interest rate that banks offer their most creditworthy customers. b. the p

rime rate is the interest rate on a credit card, unadjusted for interval compounding. c. the prime rate is the number which indicates your credit history. d. the prime rate is the highest interest rate allowed by law. please select the best answer from the choices provided a b c d
Business
1 answer:
trapecia [35]1 year ago
3 0

Prime rate is (a) the best interest rate that banks offer their most creditworthy customers.

A prime rate is decided by the bank to lend money to its customers where the credit giving is decided on the basis of the credit history and points on the customers formally known as the credit rate of investment.

It totally depends upon the allowance of credit by financial institutions and then the payment made by the loan taking customers within a stipulated time frame.

To learn more about prime rate here,

brainly.com/question/28235888

#SPJ1

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Which of the following refers to the way that interest added to an account earns
prisoha [69]

Answer:

APY is when interest is added to an account that is earning the money so I belive that is the answer

6 0
2 years ago
A local movie theater had small cups of popcorn sitting on the counter where patrons purchased tickets. The cups were called "co
Gala2k [10]

Option D

This procedure is most similar to: reinforcer sampling.

<h3><u>Explanation: </u></h3>

A method that permits an individual to get in association with a potential reinforcer to encounter the concrete aspects of the stimulus. The method helps develop new reinforcing outcomes for a given individual.

Reinforcer sampling includes composing freely accessible a piece of a potential reinforcer to improve the probability that the importance and power of the reinforcer will be maximized when it is performed available contingently.  Reinforcer assessment transfers to the observation-driven or interview-based analysis of the relevant power of stimuli.

7 0
3 years ago
Enok, a prospective franchise owner, is looking to keep his monthly costs as low as possible. The franchisor he is checking out
slamgirl [31]

Answer:

Option (3) is correct.

Explanation:

Given that,

Enok, a prospective franchise owner,

Royalty payments = 8 percent of sales could be as high as $300,000 per month

Therefore, the franchiser is claiming that a franchisee can expect monthly sales to be as high as:

= $300,000 × (100 ÷ 8)

= $300,000 × 12.5

= $3,750,000

Option (3) is correct.

4 0
3 years ago
Star Repairs Co. does all the repair work for a medium-sized manufacturer of handheld computer games. The games are sent directl
Oduvanchick [21]

Answer:

The correct answer is "$120,250".

Explanation:

The given values are:

Opening inventory

=  $38,500

Closing inventory

= $15,250

Purchases

= $97,000

Now,

The cost of materials used during the month of February will be:

= Opening Inventory + Purchases - Closing Inventory

On putting the estimated values in the above formula, we get

= 38,500+97,000-15,250

= 120,250 ($)

6 0
3 years ago
The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances.
tigry1 [53]
9,714 is a the answer
3 0
2 years ago
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