All categories

3 years ago

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

The correct option is (C).

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

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:

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.

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.

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.

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

brainly.com/question/8750254

2. Credit card

brainly.com/question/1124275

3. Credit card

brainly.com/question/6453895

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

You might be interested in

What is a challenge of starting a business?

Levart [38]

Answer:

Starting a business is a big achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many standard challenges every business faces whether they are large or small. These include things like hiring the right people, building a brand, and so on.

Explanation:

4 0

3 years ago

A production facility employs 10 workers on the day shift, 8 workers on the swing shift, and 6 workers on the graveyard shift. A

prisoha [69]

Answer:

The answer is below

Explanation:

A What is the probability that all 4 selected workers will be the day shift?

B What is the probability that all 4 selected workers will be the same shift?

C What is the probability that at least two different shifts will be represented among the selected workers.

The total number of workers = 10 + 8 + 6 = 24

The probability that all 4 selected workers will be the day shift is given as:

$P_a=\frac{C(10,4)}{C(24,4)}= \frac{210}{10626}=0.0198$

$C(n,r)=\frac{n!}{(n-r)!r!}$

B) The probability that all 4 selected workers will be the same shift ( $P_B$ ) = probability that all 4 selected workers will be the day shift + probability that all 4 selected workers will be the swing shift + probability that all 4 selected workers will be the graveyard shift.

Hence:

$P_B=\frac{C(10,4)}{C(24,4)}+\frac{C(8,4)}{C(24,4)}+\frac{C(6,4)}{C(24,4)}=0.0198+0.0066+0.0014=0.0278$

C) The probability that at least two different shifts will be represented among the selected workers ( $P_C$ )= 1 - the probability that all 4 selected workers will be the same shift( $P_B$ )

$P_C=1-P_B\\\\P_C=1-0.0278\\\\P_C=0.972$

7 0

2 years ago

On jan. 2, callie company received a $700 payment from a customer previously billed for services performed. the journal entry to

svp [43]

To record On Jan 2, Callie Taylor received a $700 payment from a customer formerly billed for services performed. The journal entry to record this transaction would contain a debit to the cash account and a credit to the Accounts Receivable account.

<h3>What is Journal entry?</h3>

A journal entry exists as an act of keeping or creating records of any transactions either economic or non-economic. Transactions exist listed in an accounting journal that indicates a company's debit and credit balances. The journal entry can consist of several recordings, each of which exists either a debit or a credit.

A journal entry exists as a record of the business transactions in the accounting books of a business. A properly recorded journal entry consists of the correct date, amounts to be debited and credited, an explanation of the transaction, and a unique reference number. A journal entry exists as the first step in the accounting cycle.

Hence, To record On Jan 2, Callie Taylor received a $700 payment from a customer formerly billed for services performed. The journal entry to record this transaction would contain a debit to the cash account and a credit to the Accounts Receivable account.

To learn more about Journal entry refer to:

brainly.com/question/14279491

#SPJ4

7 0

2 years ago

Esther lugo has gone for an interview at an advertising firm in manhattan and has been asked to complete a self-report survey to

postnew [5]

These characteristics about Lugo indicate her "personality".

Personality alludes to individual contrasts in characteristic patterns of reasoning, feeling and carrying on. The study of personality centers around two expansive territories:

One is understanding individual differences specifically personality qualities, for example, amiability or touchiness.

The other is seeing how the different parts of a man meet up all in all.

6 0

3 years ago

what is nbetter fender gibson or danelectro guitars. (in your opinion). I ALREADY HAVE MINE DANELECTRO ALL THE WAY.

Nadusha1986 [10]

Answer:

Danelectro Guitars

Explanation:

They are just cool.

5 0

3 years ago