Hey there!!
The correct answer is Option A. an Increase in supply
Hope this helped and I wish you the best in luck! (:
Answer:
$42
Explanation:
APR = 18% , month rate = 18%/12 = 1.5%
Fee for cash advance = 2%
Cash advance of the first day of month = $1,200
Finance charge = Cash advance * (Monthly rate + Advance cash fee)
Finance charge = $1,200*1.5% + $1,200*2%
Finance charge = $18 + $24
Finance charge = $42
So, the approximate total finance charge i will pay on this cash advance for the month is $42
C. subprime lending
Its not something you want to do all of the time
Answer: D. Occupational license
Explanation: Occupational licenses are issued by government agencies are a form of validation that a worker has completed a certain type of education or passed a certain test.
