Prepaid cards/gift cards allow you to save money by having others prepay for your expense. Gift cards and repaid cards serve the same purpose essentially. Both are prepaid and preloaded by someone else (or you) and given to you so that your expenses are covered. This helps people save money since they aren't using their own funds.
Answer:
Option "B" is the correct answer to the following question.
Explanation:
Given:
Price elasticity of Anne’s apple pies = 5
Aggregate market price elasticity = 1.25
Anne’s apple pies have an approximate market share = ?
Computation of Anne’s apple pies have an approximate market share:
Anne’s apple pies have an approximate market share = (Aggregate market price elasticity / Price elasticity of Anne’s apple pies) × 100
Anne’s apple pies have an approximate market share = (1.25 / 5) × 100
Anne’s apple pies have an approximate market share = (0.25) × 100
Anne’s apple pies have an approximate market share = 25%
If a person write a check for $759 to make a payment on a loan, then the account balance would be changed as in the balance sheet of the person.
<h3>What is account balance?</h3>
An Account balance is limited as the amount of monetary system that is hold in a specific account in the bank account or in any another account.
From the given case, if a person make a payment of loan, then the account balance would be:
Assets = $36,767 ($37,526 – $759)
Liabilities = $12,086 ($12,845 -$759)
Equity = $32,500
Therefore, the balance of Equity remains unaffected by the payment of loan.
Learn more about the loan, refer to;
brainly.com/question/11794123
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Answer: 13.87%
Explanation:
Effective interest rate is calculated by the formula:
= (1 + APR / Number of compounding periods)) ^ Number of compounding periods - 1
Number of compounding periods = 365 days in a year
= (1 + 0.1299/365) ³⁶⁵ - 1
= 0.138688
= 13.87%
