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
Ganezh [65]
3 years ago
9

If you need money, what are three alternatives to taking a cash advance on your credit card?

Business
1 answer:
sertanlavr [38]3 years ago
3 0
For me ,I will not taking cash advance on my credit card
You might be interested in
1.How does inertia affect a person who is not wearing a seatbelt during a collision?
Makovka662 [10]
The law of Inertia is basicaly that if an object is in motion, it will stay in motion unless a force is stopping it. It affects them because the object (person) is in motion, but nothing is stopping/restraining them.
3 0
3 years ago
Read 2 more answers
Another bank is also offering favorable terms, so Raphael decides to take a loan of $15,000 from this bank. He signs the loan co
Colt1911 [192]

Answer:

$15,495.41

Explanation:

Given that,

Loan amount = $15,000

Annual Interest rate = 13%

Daily interest rate = Annual Interest rate ÷ 365

                              = 13% ÷ 365

                              = 0.035616%

Period of loan = 3 months

Number of days:

= 365 × (3 ÷ 12)

= 91.25 days

Total amount that Raphael owes the bank at the end of the loan’s term:

= P(1 + r)^n

= 15,000 × (1 + 0.035616%)^91.25

= 15,000 × (1.00035616)^91.25

= 15,000 × 1.0330275

= $15,495.41

5 0
3 years ago
An analyst in the corporate finance department at Chase Manhattan Bank has been assigned to an interdepartmental project involvi
marissa [1.9K]

This sort of organizational structure is called a matrix structure.

<u>Explanation:</u>

The representation of a corporation in which monitoring interactions are defined as a grid, or matrix, instead of in conventional hierarchies is understood as a matrix organizational framework. In another terms, workers have multiple responsibilities to report-usually both to a functional boss and to a manager of commodity. Here analyst at Chase Manhattan Bank's corporate finance division has been allocated to an interdepartmental project involving a large client. Thus he need to answer two separate bosses from his department and project manager.

5 0
3 years ago
Foutz Corporation has entered into a 8 year lease for a piece of equipment. The annual payment under the lease will be $3,600, w
IRINA_888 [86]

Answer:

$17,721

Explanation:

The computation of the Net present value is shown below

The discount factor should be computed by

= 1 ÷ (1 + rate) ^ years

where,  

rate is 17%  

Year = 0,1,2,3,4 and so on

Discount Factor:

For Year 1 = 1 ÷ 1.17^0 = 1

For Year 1 = 1 ÷ 1.17^1 = 0.8547

For Year 2 = 1 ÷ 1.17^2 = 0.7305

For Year 3 = 1 ÷ 1.17^3 = 0.6244

For Year 4 = 1 ÷ 1.17^4 = 0.5377

For Year 5 = 1 ÷ 1.17^5 = 0.4561

For Year 6 = 1 ÷ 1.17^6 = 0.3898

For Year 7 = 1 ÷ 1.17^7 = 0.3332

So, the calculation of a Present value of all yearly cash inflows are shown below

= Year 0 cash inflow × Present Factor of Year 0 + Year 1 cash inflow × Present Factor of Year 1 + Year 2 cash inflow × Present Factor of Year 2 + Year 2 cash inflow × Present Factor of Year 2 + Year 3 cash inflow × Present Factor of Year 3 + Year 4 cash inflow × Present Factor of Year 4 + Year 5 cash inflow × Present Factor of Year 5 + Year 6 cash inflow × Present Factor of Year 6 + Year 7 cash inflow × Present Factor of Year 7

= $3,600 × 1 + $3,600 × 0.8547 + $3,600 × 0.7305 + $3,600 × 0.6244 + $3,600 × 0.5377 + $3,600 × 0.4561 + $3,600 × 0.3898 + $3,600 × 0.3332

= $3,600 + $3,077 + $2,630 + $2,248 + $1,921 + $1,642 + $1,403 + $1,200

= $17,721

We take the first four digits of the discount factor.  

3 0
3 years ago
Suppose that at the beginning of 2019 Jamaal's basis in his S corporation stock is $0, he has a $0 debt basis associated with a
ivann1987 [24]

Answer:

$0 stock basis; $10,000 debt basis

$1,000 (original stock basis) + $4,000 ordinary income − $7,000 distribution = $0 stock basis and a $2,000 distribution in excess of stock basis generating $2,000 of capital gain. Debt basis is not reduced by distributions.

Explanation:

8 0
3 years ago
Other questions:
  • Your grandfather likes to tell the story about how he started with 50 head of cattle on his ranch and grew the ranch to 1,000 he
    10·1 answer
  • On August 8, 2013, Holly purchased a residential apartment building. The cost basis assigned to the building is $800,000. Holly
    12·1 answer
  • Three companies well known for their strong csr orientations are:
    8·1 answer
  • Canglon, Inc., issues 10%, 5-year bonds with a face value of $150,000 when the effective rate is 12%. Interest is to be paid sem
    10·2 answers
  • Bradford company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. the company actually used 4,5
    10·1 answer
  • QUESTION 2
    15·1 answer
  • Sloan Corporation is considering new equipment. The equipment can be purchased from an overseas supplier for $3,040. The freight
    11·1 answer
  • At the beginning of the current season on April 1, the ledger of Flint Hills Pro Shop showed Cash $2,500; Inventory $3,500; and
    13·1 answer
  • Lotta Dough just won the state lottery and has elected to receive $50,000 per year for 20 years in the form of an annuity due. W
    15·1 answer
  • how can you journalise this a supplier account had been debited with a $200 sales invoice (which had been correctly recorded in
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!