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Studentka2010 [4]
4 years ago
6

You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 15% APR, compounded

monthly, or borrow the money from your parents, who want an 8% interest payment every six months. Which is the lower rate
Business
1 answer:
Bess [88]4 years ago
8 0

Answer:

The lower rate is when you put it into your credit card.

Explanation:

Credit card: rate = (1 + 15%/12)^12 - 1

EAR = 16.08%

Parents loan = ( 1 + 8%)^2 - 1

EAR parents = 16.64%

Therefore, The lower rate is when you put it into your credit card.

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An organic farmer has identified three distinct groups that might be interested in his products: vegetarians, health-conscious i
Firlakuza [10]

Answer:

The correct answer is b) market segments.

Explanation:

A market segment is a group of consumers, it is mostly homogeneous either by certain characteristics or by their needs, which are identified as a market that presents similar desires or buying habits and that would potentially respond similar to the strategy developed by the marketing mix.

Through market segmentation you will be able to identify the segment to be served and establish the strategy to achieve it. At the time of segmenting the market you can do so by responding to the strategy you wish to apply:

  • Differentiated: taking into account that the segment to be attended is heterogeneous and the product or service to be offered is built to meet the particular needs of each client.
  • Undifferentiated: based on the needs that the group commonly responds. Here the product or service satisfies each client corresponding to the indicated segment in the same way.
  • Concentrated: it is the most specialized strategy of the three. The idea here is to concentrate efforts in the segment where a strong comparative advantage is achieved.
3 0
3 years ago
What are “discount points” in closing costs and what is the benefit of paying them?
Tomtit [17]

Mortgage points, also known as discount points, are fees paid directly to the lender at closing in exchange for a reduced interest rate. This is also called “buying down the rate,” which can lower your monthly mortgage payments.One point costs 1 percent of your mortgage amount (or $1,000 for every $100,000),<span>In general, the longer you plan to own the home, the more points help you save on interest over the life of the loan. When you consider whether points are right for you, it helps to run the numbers.</span>

8 0
4 years ago
Consider the labour statistics for the country of Menap, which consists of five districts and a capital region with varying degr
choli [55]

Answer:

The correct answer is 414 million.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the labor force by using following formula:

Labor force = Total unemployed + Total employed

By putting the value in the formula, we get

= (20 + 29 + 16 + 30 + 18 + 23) + ( 39 + 52 + 36 + 56 + 41 + 54)

= 136 million + 278 million

= 414 million

6 0
3 years ago
Which of the following would be counted when measuring a country's GDP?
nydimaria [60]
I would have to say B. because a computer is a product and since the definition of GDP is, "<span>the total value of goods produced and services provided in a country during one year." and since natural resources are not exactly produced I go with computers.

Be warned, I cannot be entirely sure since B and C both affect GDP</span>
4 0
3 years ago
Joyce paid $144.00 for an item at the store that was 40 percent off the original price. what was the original price?
klasskru [66]


144 \div 40 \times 100 = 360
5 0
3 years ago
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