Answer:
Introductory rate is 1.99%
After first 6 months.
APR for purchase is 8.99%
Regular APR for purchases is 12.99%
Explanation:
This is required by law in U.S. for the credit card rates. The APR introductory rate for the purchases is 1.99%. This rate is then adjusted with the U.S. prime rate and it becomes 8.99% after first 6 months. The rate is then adjusted with the further 4% U.S. prime rate. The regular APR for the purchases is 12.99%.
Answer: Digital Assets
Explanation: just did the question
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Unit sales 50,000
Units Dollar sales $ 500,000
Fixed costs $ 204,000
Variable costs $ 187,500
First, we need to calculate the unitary selling price and variable cost:
Unitary Selling price= 500,000/50,000= $10
Unitary variable cost= 187,500/50,000= $3.75
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 204,000/ [(10 - 3.75)/10]= $326,400
A corporate bond would give the higher rate because it would be for a minimum term like say 1 year whereby the financial institution can lend out the money to someone else and from the interest on that can pay a significant return whereas interest on a chequing account will be very low since the balance will go up and down over a month or year so there is no guarantee to the financial institution of having the money long enough to earn some money on it.
5. B) $379.50
Based on the table because he is a 50 year old male, the cost per thousand is $7.59. Multiply this by 50 because he wants $50,000 worth of coverage
6. B) $94,165
The cost to secure the loan in the down payment and all other fees. The down payment is 30%* $310,000= $93,000
Add all the fees together $1165 plus the down payment = $94,165
