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Arisa [49]
2 years ago
5

If creditors add finance charges after subtracting payments made during the billing period, this is called the: A. APR method. B

. average daily balance method. C. previous balance method. D. adjusted balance method.
Business
2 answers:
vladimir1956 [14]2 years ago
6 0

The correct answer is D. Adjusted balance method.

Adjusted balance method in termed as the method which is being used by finance companies and banks to calculate for finance charges or interest income. which is known to be associated with credit card account or bank account.

The finance waits to aggregate all the adjustments and also calculates finance charges or interest rates by the end of billing period which will depend with the ending balance.

Monica [59]2 years ago
4 0

The answer is <u>"D. adjusted balance method."</u>


The adjusted balance method is the most well-known technique utilized by banks and back organizations to figure the premium wage or fund accuses related of a ledger or charge card account, separately. Basically, the bank or back organization holds up until the finish of the charging time frame, totals all changes made to the record amid the period, and after that figures any premium or fund charges dependent on this closure balance.  

Hence, the adjusted balance method tends to result in lower intrigue and expense charges to clients for Visa accounts. This can be a key choice factor for a man or business exploring which charge card to receive.

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Coolers Inc., a house appliances manufacturer, has upgraded its technology by making all its appliances work on voice sensors in
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Answer: The correct answer is "3. platform project".

Explanation: This project is a platform project for Coolers Inc. because the change of voice sensors instead of remote controls or manual operations represents a change of platform for their products in which they have improved their technology.

6 0
3 years ago
Luis regularly reminds his team members of the purpose of their work and why they are important to the organization. He also reg
Vlada [557]

Answer: (C) Transformational leadership style

Explanation:

 The transformational leadership style is one of the most important leadership element as it inspire and also encourage the various types of innovate ideas.

 The important of the transformational leadership style is that it give a clear vision and the direction to an organization and it also helps in influence the lower level part of the company.

 According to the given question, Luis is the team member and he regularity motivated his team member due to the transformational leadership style.  

Therefore, Option (C) is correct.

6 0
3 years ago
A 27-year U.S. Treasury bond with a face value of $1,000 pays a coupon of 6.00% (3.000% of face value every six months). The rep
nikdorinn [45]

Answer:

(A) $1,055.35  (B) $2,180.53  (C) $780.07  (D) $412.08.

Explanation:

The tenor of the bond is 27 years i.e. (27 * 2=) 54 periods of 6 months each (n).

Face Value (F) = $1,000

Coupon (C) = 6% annually = 3% semi annually = (3% * 1000 face value) = $30.

The Present Value (PV) of the Bond is computed as follows.

PV of recurring coupon payments + PV of face value at maturity

= \frac{C(1-(1+r)^{-n}) }{r} + \frac{F}{(1+r)^{n}}

A) Yield = 5.6% annually = 2.8% semi annually.

PV = \frac{30(1-(1.028)^{-54}) }{0.028} + \frac{1,000}{(1.028)^{54}}

= 830.25 + 225.10

= $1,055.35.

B) Yield = 1% annually = 0.5% semi annually.

PV = \frac{30(1-(1.005)^{-54}) }{0.005} + \frac{1,000}{(1.005)^{54}}

= 1,416.64 + 763.89

= $2,180.53.

C) Yield = 8% annually = 4% semi annually.

PV = \frac{30(1-(1.04)^{-54}) }{0.04} + \frac{1,000}{(1.04)^{54}}

= 659.79 + 120.28

= $780.07.

D) Yield = 15% annually = 7.5% semi annually.

PV = \frac{30(1-(1.075)^{-54}) }{0.075} + \frac{1,000}{(1.075)^{54}}

= 391.95 + 20.13

= $412.08.

4 0
2 years ago
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A process Of maximizing benefits Or minimizing costs.
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Marketing links producers to customers.
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