Answer:
grace period = 2
credit report= 4
secured card = 3
annual percentage rate = 1
Answer:
FV= $1,181.62
Explanation:
Giving the following information:
Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at the end of 25 years?
We need to use the following formula:
FV= PV*(1+i)^n
FV= 500*(1+0.035)^25
FV= $1,181.62
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Doggie Pals produces 100,000 dog collars each month. Total manufacturing costs are $200,000. Of this amount, $150,000 are variable costs. What are the total production costs when 125,000 collars are produced.
First, we need to calculate the unitary variable cost:
Unitary VC= Total VC/ units produced= 150,000/100,000= $1.5
Total production costs= 1.5*125,000 + 50,000= $237,500
Answer:
The correct answer is C
Explanation:
Consult means that the person is seeking or giving advice whether in a group or individually. In this case, manager presents the problem to the group at the meeting, and their define the problem, facilitates discussion so that members could make the decision.
The manager is using the consult style which is individually for the participation of subordinate.
Answer:
The financial crisis that began in the 1980s was the result of lax government regulations and management fraud that led to the closure of more than 1,000 savings and loans. The 2007 crisis was the result of risky mortgage loans and investments connected with those loans. In each case the situation resulted in borrowers’ inability to pay back loans and caused many to lose their homes due to foreclosure.
Explanation: Took the practice test on edge and this was the sample response. ^-^