1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Semmy [17]
3 years ago
5

What is the annual percentage rate (APR) on a credit card? A. The expected return on the credit card company's investments B. Th

e percentage of a person's income they can spend each year C. The amount of interest charged on unpaid balances D. The credit card's maximum spending limit
2b2t
Business
2 answers:
Sliva [168]3 years ago
8 0

Answer:

Answer choice C

Explanation:

To be short and to the point, APR literally just means the percent of the money you owe that will receive interest over the course of the year. If you owe $100 on a credit card with 6% APR, then you'll be charged interest for $6 because it's 6%. Your final yearly payment would end up being $106 since the $6 is tacked on. :)

Andrews [41]3 years ago
4 0

Answer:

C - The amount of interest charge on unpaid balances

Explanation:

A-P-E-X APPROVED

You might be interested in
In a free-market economy, a product which entails a positive externality will be: overproduced underproduced produced at the opt
OLga [1]
It would be under-produced. <span />
3 0
3 years ago
Why is bangladesh internationally competitive in textile and clothing manufacturer?
nalin [4]
The answer is Low wage rate. Processing plants in Bangladesh, the world's second-driving clothing exporter after China, minimize expenses by paying article of clothing specialists the most minimal wages on the planet — the present least is 3,000 taka, about $38, a month. The wage board suggested on Monday that it be raised to 5,300 takas, about $68.
7 0
3 years ago
The management of Ro Corporation is investigating automating a process. Old equipment, with a current salvage value of $21,000,
Nadya [2.5K]

Answer: 18.8%

Explanation:

Simple rate of return on investment = Incremental net operating income / investment

Incremental net income = Operating savings - Annual cost

= 145,000 - 420,000/6 years

= $75,000

Net investment = Cost of new machine - salvage value of old

= 420,000 - 21,000

= $399,000

Return on investment = 75,000/399,000

= 18.8%

6 0
3 years ago
When footwear has greater traction, what does this mean?
timofeeve [1]

Answer:

B

Explanation:

Think of the football cleats on the field.  They have better grip which is why they don't slip as often as someone on a basketball court would.

8 0
3 years ago
Read 2 more answers
A country reported nominal GDP of $200 billion in 2010 and $180 billion in 2009. It also reported a GDP deflator of 125 in 2010
QveST [7]

Answer:

19%

Explanation:

Given that,

Nominal GDP in 2010 = $200 billion

Nominal GDP in 2009 = $180 billion

GDP deflator in 2010 = 125

GDP deflator in 2009 = 105

Percentage change in prices:

= Percentage change in GDP deflator

= (Change in GDP deflator ÷ GDP deflator in 2009) × 100

= [(125 - 105) ÷ 105] × 100

= (20 ÷ 105) × 100

= 0.19 × 100

= 19%

Therefore, the prices increases by 19%.

6 0
4 years ago
Other questions:
  • At an annual effective interest rate of i, i &gt; 0, the following are all equal: (i) the present value of 10,000 at the end of
    12·1 answer
  • Samantha put $18,500 into a savings account. after one month, the savings account grew to $18,962.50. after the second month, it
    12·2 answers
  • Consider the following bond quote: a municipal bond quoted at 101.25. If the municipal bond has a par value of $5,000, what is t
    9·1 answer
  • Write a critical evaluation of your learning outcome. In your response, consider: 1. Consider the content of this class as they
    7·1 answer
  • Niles Industries is a merchandising company. It currently holds $6,000 in consignment goods for Martin Corporation. In addition,
    15·1 answer
  • As a functional area of business, _____ measures, summarizes, and communicates financial and managerial information and advises
    10·1 answer
  • What is the function of the ppi
    15·1 answer
  • 2000 is deposited into a newly opened fund on January 1, 1999. Another deposit is made into the fund on July, 1 1999. On January
    13·1 answer
  • How does Samsung share its knowledge within the Samsung organization,
    9·1 answer
  • What is judiciary and executive?<br>​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!