All categories

4 years ago

1.

2 answers:

8 0

Answers for 1 & 2 are provided.
1. Another name for credit cards.
2. Always pay more than the minimum due (unless you want to pay more for your purchases in the long run).

KATRIN_1 [288]4 years ago

5 0

The correct answer to this question is this one:

1 b. must have their balances paid in full each month. Charge cards must have their balances paid in full each month

2 c. minimum due. You should always pay more than the minimum due.

3 b. $2,739.11. You have $2,675.00 on a credit card with a 15.75% APR. You miss your minimum payment and there is a late fee of $29.00. Your balance at the beginning of the second month is $2,739.11

You might be interested in

People decide to save 20 percent of their incomes. The value of the marginal propensity to consume is ________ and the value of

DerKrebs [107]

Answer: 0.8; 5

Explanation:

From the question, we are informed that people decide to save 20 percent of their incomes. We should note that the addition of the marginal prospensity to consume(MPC) and the marginal prospensity to save(MPS) will be equal to 1.

Therefore, the value of the marginal propensity to consume will be:

= 1 - 20%

= 1 - 0.2

= 0.8

The value of the spending multiplier will be calculated as:

= 1/MPS

= 1/0.2

= 5

3 0

3 years ago

A ______ map shows what the rocks in an area are and what they are made of

earnstyle [38]

A GEOLOGIC map shows what the rocks in an area are and what they are made of.

". . . . . . the maps we know best show the distribution of roads or rivers or county boundaries, a geologic map shows the distribution of geologic features, including different kinds of rocks and faults."

5 0

3 years ago

Read 2 more answers

With free trade, that is, assuming no tariff, the outputs produced by domestic and foreign producers would be:_______.

SIZIF [17.4K]

The Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

<h3>What is a free trade?</h3>

This refers to an international business policies that occurs when goods and services can be bought and sold between countries without tariffs, quotas or other restrictions being applied.

This policy tends to increase the volume of international trade among member countries and also allow them to increase their specialization in their respective comparative advantages.

Hence, in the graph given, the Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

Read more about free trade

brainly.com/question/10608502

#SPJ1

4 0

2 years ago

When scheduling the audit work to be performed on an engagement, the auditors should consider confirming accounts receivable bal

Dvinal [7]

Answer:

The correct answer is letter "B": Internal control over receivables is good.

Explanation:

Only in the case the internal control of an organization is well-established enough so those account receivables (AR) are paid according to the terms agreed between the organization and its debtors, auditors could consider the balance of the account receivables at a provisional date.

7 0

3 years ago

Anchor Company purchased a manufacturing machine with a list price of $93,000 and received a 2% cash discount on the purchase. T

r-ruslan [8.4K]

Answer:

$100,340

Explanation:

The amount of cost recorded in the asset account would be:

List price $93,000

Less: Discount ($93,000*2%) $1,860

Add: Freight $3,800

Add: Installation&Testing $5,400

Cost of the machine $100,340

Note: Insurance cost is not included in the cost of the machine

6 0

3 years ago