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Genrish500 [490]
3 years ago
12

The type of credit card you want to pay in full on time every time is...

Business
2 answers:
nignag [31]3 years ago
8 0

<u>The correct option is (C). </u>

The type of credit card we want to pay in full on time every time is <u>high credit limit and low interest. </u>

Further Explanation:

Credit card:

It is a form of plastic card which is issued by any bank.A credit card is something a person borrows an amount initially from the banks of that card then, and the amount is paid back with interest, the credit card is used for many purposes like purchasing of products.

Justification for the correct and incorrect option:

A.

Low Credit Limit, High interest: This option is incorrect.

A credit cardholder always prefers to have a credit card that has a high credit limit and low interest to pay, not the low credit limit, and with high interest to be charged.

B.  

Low Credit Limit, Low interest: This option is incorrect.

A credit cardholder always prefers to have a credit card that has a high credit limit and low interest to pay, and not with the low credit limit which has less value than the high credit limit card with low interest.

C.  

High Credit Limit, Low interest: This option is correct.

A credit cardholder always prefers to have a credit card that has a high credit limit and low interest to pay. An ideal credit card is which is preferred by most of the customers so that the customers have to pay less interest for the credit card borrowing.

D.  

High Credit Limit, High interest: This option is incorrect.

A credit cardholder always prefers to have a credit card that has a high credit limit and low interest to pay, not the high interest, which will make the person pay extra amount for that borrowed amount of the credit card.

Learn More:

1. Credit card  

<u>brainly.com/question/8750254 </u>

2. Credit card  

<u>brainly.com/question/1124275 </u>

<u> </u>

3. Credit card  

<u>brainly.com/question/6453895 </u>

Answer Details:

Grade: High school

Chapter: Credit card

Subject: Business studies

Keywords:

The type of credit card you want to pay in full on time every time is low credit limit, high interest, low credit limit, low interest, high credit limit, low interest, high credit limit, high interest.

Scorpion4ik [409]3 years ago
7 0

The answer is A) low credit card limit, high interest

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Trent Co. reports the following information: Net cash provided by operating activities $430,000 Average current liabilities 300,
Akimi4 [234]

Answer:

$90,000

Explanation:

Data provided in the question:

Net cash provided by operating activities = $430,000

Average current liabilities = $300,000

Average long-term liabilities = $200,000

Dividends paid = $120,000

Capital expenditures = $220,000

Purchase of treasury stock = $22,000

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Now,

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3 0
2 years ago
A company produces 500 microwave ovens per month, each of which includes one electrical circuit. The company currently manufactu
kipiarov [429]

Answer:

Operating income will be $6,000

Explanation:

The computation of the operating income is shown below:

= Total cost - outsourcing cost

where,

Total cost = Variable cost + fixed cost

Variable cost = Number of microwaves × variable cost per unit

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And, the fixed cost is $7,000

Now put these values to the above formula  

So, the value would equal to

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And, the outsourcing cost equal to

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3 0
3 years ago
Union Local School District has bonds outstanding with a coupon rate of 3.1 percent paid semiannually and 22 years to maturity.
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Answer:

The price of the bond is $9,537.91

Explanation:

Coupon payment = $10,000 x 3.1 = $310 / 2  = $155

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Yield to maturity = 3.4% yearly = 3.4% /2 = 1.7% semiannually

Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond =$155 x [ ( 1 - ( 1 + 1.7% )^-44 ) / 1.7% ] + [ $10,000 / ( 1 + 1.7% )^44 ]

Price of the Bond = $155 x [ ( 1 - ( 1.017 )^-44 ) / 0.017 ] + [ $10,000 / ( 1.017 )^44 ]

Price of the Bond = $4,774.94 + $4,762.97

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What I need to do if I want to resells products from Amazon? It is legal? Tell the requirements.
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Answer:

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Explanation:

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Answer:20,5369%

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