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vlabodo [156]
3 years ago
13

Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months. They will not i

ncrease your credit line more than 10% each 6-month period. Assuming they increase your limit each 6-month period by 10%, how long will it take to increase your limit to $1,600?
Business
1 answer:
Mice21 [21]3 years ago
4 0

Answer:

2 years and 6 months

Explanation:

after 6months

     $1,000 x 10% = $100

     $1,000 + $100 = $1,100

after 1 year

     $1,100 x 10% = $110

     $1,100 + $110 = $1,210

after 1 year and 6 months

     $1,210 x 10% = $121

     $1,210 + $121 = $1,331

after 2 years

     $1,331 x 10% = $133.10

     $1,331 + $133.10 = $1,464.10

after 2 years and 6 months

     $1,464.10 x 10% = $146.41

     $1,464.10 + $146.41 = $1,610.51

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4 0
4 years ago
Which statement best explains the decrease in manufacturing jobs over the next few years?
Anastaziya [24]

The best reason for the reduction in manufacturing jobs is that These jobs are often outsourced to overseas factories.

<h3>Manufacturing trend in developed countries </h3>
  • Large companies are outsourcing manufacturing services to other nations.
  • This is usually to save costs and to avoid certain regulatory oversight.

As a result of these jobs being shipped abroad, manufacturing jobs in developed countries are suffering and will decrease in the next few years.

In conclusion, option B is correct.

Find out more on manufacturing jobs at brainly.com/question/25553251.

7 0
2 years ago
If marginal utility is rising, then total utility is also rising.
Natali5045456 [20]

\huge{\textbf{\textsf{{\color{navy}{An}}{\purple{sw}}{\pink{er}} {\color{pink}{:}}}}}

<h2>TRUE</h2>

<h2>TRUE</h2>

  • Thanks
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5 0
3 years ago
A college professor wants to know if the university students in the Unites States will find the new textbook that he has authore
matrenka [14]

Answer:

b. judgment sampling.

Explanation:

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3 years ago
The Claxton Company manufactures children's toys and also has a division that makes automobile parts. Due to a change in its str
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Answer:

B. Report it as a discontinued operation.

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