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3 years ago

7

Monique has a balance of $5440 on a credit card with an apr of 17.7%. paying off her balance in which of these lengths of time w

ill result in her paying the least amount of interest?

2 answers:

PilotLPTM [1.2K]3 years ago

8 0

Answer:

5 Months

Explanation:

Serggg [28]3 years ago

5 0

$1,136.61 a month for 5 months
<span>1136.61 * 5 - 5440 = $243.05 in interest </span>

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Novak corp. sells a snowboard, ezslide, that is popular with snowboard enthusiasts. below is information relating to novak corp.

Rom4ik [11]

Answer:

a. The value of ending Inventory using FIFO is $2749.

b. The value of ending Inventory using LIFO is $2667.

c. The value of ending Inventory using Average Cost method is $2713.

We have:

Date Explanation Units unit cost Total Cost

Sep-01 inv 11 97 1067

Sep-12 purchases 44 100 4400

Sep-19 purchases 47 101 4747

Sep-26 purchases 22 102 2244

Total 124 12458

Novak sold 97 snowboards, so the number of snowboards with it at the end of September is $124 -97 = 27 units$ .

If Novak adopts First In First Out (FIFO) method, and 27 units are remaining, all 22 units purchased on Sept-26th and $27 -22 = 5 units$ from the purchases made on Sept-19th will remain in inventory.

So the value of inventory using FIFO will be $(22* 102) + (5*101) = 2749$

If Novak adopts Last In First Out (LIFO) method, all 11 units in inventory on Sept-01st and $27 -11 = 16 units$ from the purchases made on Sept-12th will remain in inventory.

Hence inventory value using LIFO will be $(11* 97) + (16*100) = 2667$

We calculate the Average cost by dividing the Total Cost by total number of units purchased.

$Average Cost = \frac{12458}{124} = 100.468$

The value of inventory using the average cost method is $100.648 * 27 =2713$ .

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3 years ago

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anygoal [31]

The answer should probably be C

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2 years ago

Label each of the following scenarios with the correct combination of price change and quantity change. In some scenarios, it ma

ZanzabumX [31]

Explanation:

Classifying of each situation with the correct combination of change in price and quantity:

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b. On a cold day, both demand for ice cream and the supply of ice cream decrease - Pp? Q decrease

c. When Hawaii's Mt. Kilauea erupts violently, the demand on the part of tourists for sightseeing flights increases but the supply of pilots willing to provide these dangerous flights decreases- P increase Qq?

d. In a hot area of Arizona where they generate a lot of their electricity with wind turbines, the demand for electricity falls on windy days as people switch off their air conditioners and enjoy the breeze. But at the same time, the amount of electricity supplied increases as the wind turbines spin faster - P decrease Qq?

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3 years ago

last month, the tecumseh corporation supplied 400 units of three-ring binders at $6 per unit. this month, the company supplied t

kati45 [8]

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
below are the choices that can be found from other sources
A) a decrease in supply.
B) a decrease in the quantity supplied.
C) an increase in the quantity supplied.
<span>D) an increase in supply.
</span>
The answer is D.

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2 years ago

A reduction in U.S net exports would shift U.S. aggregate demand a. leftward. In an attempt to stabilize the economy, the govern

dimulka [17.4K]

Answer:

A reduction in U.S net exports would shift U.S. aggregate demand goes d. leftward. In an attempt to stabilize the economy, the government could decrease expenditures.

Explanation:

Decrease in net exports shifts the AD curve leftward and to stabilize the economy government should cut taxes.

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3 years ago