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e-lub [12.9K]
3 years ago
10

Use your newly found knowledge to explain credit card disclosure statements to someone who has never received one. Write a one t

o two paragraph explanation that teaches how to read a credit card disclosure statement. Include a minimum of four of the terms from lesson 4.08 in your explanation
Business
1 answer:
Anastaziya [24]3 years ago
7 0

Answer:

Credit card disclosure statements include almost everything you need to know about credit cards. The statements include the APR rates, Annual Fee, Late Fees, and Introductory Rates. Annual Percentage Rates are one of the most important things to do with credit cards. They are the costs of the loan each year expressed as a percentage. Loans are used for pretty much everything nowadays. Most people only use them for things like buying cars or buying a house. Lenders for loans often check your credit score, years of employment and other things. Having credit card debt affects your ability to get loans. That is why it’s important to pay off credit cards on time rather then late. Disclosure statements help everyone figure out the information on their credit card and their payments.

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Known as ____________________________________________ these ethical standards emphasize preventing unlawful behavior by increasi
QveST [7]

Known as <u>compliance-based ethic codes</u> these ethical standards emphasize preventing unlawful behaviour by increasing control and by penalizing wrongdoers.

Compliance-based ethical codes are those that outline moral requirements with an emphasis on preventing unethical activity by tightening regulations and punishing offenders. Integrity-based ethical codes are those that specify an organization's guiding principles and foster a culture that encourages moral behavior. A compliance-based code of ethics is created to ensure that the company and its personnel abide by all rules and regulations properly. The prevention, detection, and punishment of non-compliant conduct are three important components. For instance, Jeremy's compliance-based code might forbid his employees from materially misrepresenting the truth when acting in the course of their job.

Learn more about Compiance based Ethic code here:

brainly.com/question/14260293

#SPJ4

5 0
1 year ago
To satisfy their economic wants, people ______ goods and services.
Taya2010 [7]

Answer: Consume.

Explanation: To satisfy their wants humans tends to consume goods and services. consumes in this sentence is used to indicate the Human purchasing power to sati their needs. And what are human needs this are what we need to survive on a daily basis mainly food, clothes and shelter. So by consuming goods and services we are satisfying our need.

3 0
3 years ago
Rogers Manufacturing's overhead at year-end was underapplied by $5,800, a small amount given the firm's size. The year-end journ
Maksim231197 [3]

Answer:

Date           Account Title and Explanation          Debit     Credit

XXXX          Cost of goods sold                            $5,800

                     To manufacturing overhead                            $5,800

             (Entry for unapplied overhead transfer to cost of goods sold)

3 0
3 years ago
Your parents will retire in 29 years. They currently have $200,000 saved, and they think they will need $2,400,000 at retirement
zhannawk [14.2K]

Answer:

8.95%

Explanation:

Data provided in the question:

Time, n = 29 years

Principle amount = $200,000

Future value = $2,400,000

Now,

Using the compounding formula

Future value = Principle × [ 1 + r ]ⁿ

here,

r is the interest rate

Thus,

$2,400,000 = $200,000 × [ 1 + r ]²⁹

or

[ 1 + r ]²⁹ = 12

taking the natural log both the sides, we have

29 × ln(1 + r) = ln(12)

or

ln(1 + r) = 0.08569

or

1 + r = e^{0.08569}

or

1 + r = 1.0895

or

r = 0.0895

or

r = 0.0895 × 100% = 8.95%

3 0
3 years ago
Susan can brew 5 gallons of root beer in an hour or she can make 4 pizzas in an hour. Becky can brew 7 gallons of root beer in a
Murljashka [212]

Answer:

Becky

Explanation:

A person has absolute advantage in the production of a good if she produces more quantities of the good compared to the other person.

Susan produces 4 pizzas in an hour while Becky produces 5 pizzas in an hour. So, Becky has an absolute advantage in the production of pizzas.

I hope my answer helps you

6 0
3 years ago
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