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Sergio039 [100]
3 years ago
15

What is inflation?

Business
1 answer:
timurjin [86]3 years ago
6 0
I think it’s A sorry if wrong
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Reading through a credit card disclosure (aka the Schumer Box), you see the A.P.R. for a specific card is set at 9.99% - 23.99%.
Leviafan [203]

If the A.P.R. for a specific card is set at 9.99% - 23.99%, it shows the range of the A.P.R bank is offering for the card. It means the A.P.R. can be any % between 9.99% and 23.99%. The A.P.R. is decided on the basis for the credibility of the borrower. The credit score of the borrower is the factor to determine the credibility of the borrower. Hence the A.P.R of the card is determined on the basis of the credit score of the borrower.

Hence, the correct answer is:

b. One of the primary factors determining your card's A.P.R. is your credit score

6 0
3 years ago
John wishes to set up an account for his grandfather so that he can have some extra money each month. John wants his grandfather
jeka94

Answer:

John must invest $3719.4

Explanation:

It is given that John grandfather withdraws $120 per month for 3 year

So total month = 12 ×3 =36 months

Total amount withdrawn S = 36×120 = 4320

m = 12 times per year

Rate of interest i = 5 % = 0.05

We know that S=P(1+\frac{i}{m})^{mt}

4320=P(1+\frac{0.05}{12})^{36}

4320=P\times 1.1614

P = $3719.41

So john must invest $3719.4

6 0
3 years ago
In an inverted organization, who is at the top?
MrRissso [65]

A. Frontline staff is your answer because they are the staff that work directly with customers.

6 0
4 years ago
Read 2 more answers
If fixed costs are $821,000 and variable costs are 63% of sales, what is the break-even point in sales dollars
Nezavi [6.7K]

Answer:

Break-even point (dollars)= $2,218,919

Explanation:

Giving the following information:

Fixed costs= $821,000

Variable costs rate= 63%

<u>If the variable cost rate is 63%, then the contribution margin rate is:</u>

Contribution margin ratio= 1 - 0.63

Contribution margin ratio= 0.37

<u>Now, the break-even point in sales revenue:</u>

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)=  821,000 / 0.37

Break-even point (dollars)= $2,218,919

5 0
3 years ago
Your firm has a British customer that is willing to place a $1 million order, but wants to pay in pounds instead of dollars. The
sammy [17]

Answer:

The parties should use the one-year exchange rate to disclosure the contract in their books.

Explanation:

The spot rate is used when the exchange of pounds for dollars occurs immediately. For the current scenario, this rate is not appropriate.

The parties should use the one-year exchange rate to disclosure the contract in their books.

At the time of payment, they will use the spot rate of that date and made the adjustment needed.

The British firm should purchase 1 million forward to seal the exchange rate, and not incur currency risk.

7 0
3 years ago
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