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BigorU [14]
3 years ago
5

Credit card A has an APR of 12.5% and an annual fee of $48, while credit card B has an APR of 15.4% and no annual fee. All else

being equal, which of these equations can be used to solve for the principal, P, the amount at which the cards offer the same deal over the course of a year? (Assume all interest is compounded monthly.)
A. P(1+0.12512)12+$48=P(1+0.15412)12
B. P(1+0.12512)12+$4812=P(1+0.15412)12
C. P(1+0.12512)12-$4812=P(1+0.15412)12
D. P(1+0.12512)12-$48=P(1+0.15412)12
Business
1 answer:
kodGreya [7K]3 years ago
3 0
The correct answer to this question is letter
"A. P(1+0.12512)12+$48=P(1+0.15412)12"

The statement, "Credit card A has an APR of 12.5% and an annual fee of $48, while credit card B has an APR of 15.4% and no annual fee."

This means that 
Credit A = 0.12512
Credit B = 0.15412

Add 1 to both Credit A and Credit B since it says "over the course of a year"
Lastly, add $48 to Credit A.
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Answer:

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Explanation:

The Spree Chocolatier would be considered a citizen of both the state of incorporation and the state of its principal place of business According to federal diversity purposes because based on the information given the Spree Chocolatier which was incorporated by Jules has several of their facilities in five major cities which include California, Arizona, and Washington in which after fulfilling the contract for the 500 fancy desserts for a banquet, the same Spree Chololatier has client in Seattle, Washington which refused to pay which makes Jules to brought suit this means Spree Chocolatier would be considered a citizen of both the state of incorporation and the state of its principal place of business because the state of incorporation and the state of its principal place of business are the 5 major cities in which Jules incorporated his business.

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2 years ago
disadvantages of the structure include organizational complexity, increased administrative costs, slow decision making, and diff
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A company's organizational structure is the hierarchy that defines its management and communications. The disadvantages of organizational structure include lopsided management lines, increased bureaucracy, slowed communications, and increased inflexibility.

<h3>What exactly is an organizational structure?</h3>

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  • Many of the problems with using a simple organizational structure revolve around the workload of the owner or the person at the top. If the owner of a company is required to approve every decision, he may become overworked.
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Hence, the organizational structure of a company is the hierarchy that defines its management and communications. Organizational structure disadvantages include lopsided management lines, increased bureaucracy, slowed communications, and increased inflexibility.

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8 0
1 year ago
Which of the following is true? AChecks and Debit Cards both withdraw money directly from a bank account. BDebit Cards often hav
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3 years ago
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3 0
3 years ago
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Antique Brass Company has budgeted sales volume of 127 comma 000 units and budgeted production of 110 comma 000 ​units, while 30
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Answer:

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The company has 30,000 units in beginning inventory, thus the amount of ending finished goods inventory will be = 30,000 - 17,000 = 13,000 units

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