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3 years ago

Do debit cards have a higher interest rate than credit cards

Business

2 answers:

Fed [463]3 years ago

5 0

I would say yes they do

Len [333]3 years ago

5 0

Probably yes but hoped it help!:)

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What potential challenges will you have supporting your argument with this demographic?

Nataly_w [17]

<span>Being expressive to the audience for a certain essay is vital because it regulates the content that will give the impression in the writing. The content of an essay that has a detailed topic will differ depending on the projected audience. Having a fixated topic is imperative, but having a precise audience is correspondingly significant.</span>

7 0

3 years ago

Mr. Morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. He has a mortgage of $910 a month and pay

Semmy [17]

Answer:

the mortgage.

Explanation:

5 0

3 years ago

Read 2 more answers

The City of Grand Rapids installed a new water main on Oak Street. The city then decided to charge the property owners along Oak

Gnoma [55]

Answer:

b) assessment lien.

Explanation:

In this scenario, The City of Grand Rapids installed a new water main on Oak Street. The city then decided to charge the property owners along Oak Street a proportional cost of the new water main. If a property owner refuses to pay their proportional share of the cost, the city may file assessment lien.

Assessment lien can be defined as a hold or a legal claim on a property being owed by another, while benefiting from an improvement or modification made and shall be deducted from the client for the improvements made by a municipal owner.

3 0

3 years ago

g Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $12 per share and it has 5.2 million shares outstand

Ede4ka [16]

Answer:

48.00%

Explanation:

For computing the debt to capital ratio, first we have to determine the equity value and debt value which is shown below:

Equity value = Number of outstanding shares × stock price per share

= 5.2 million shares × $12

= $62.4 million

We know,

Total capital = Debt + equity

$120 million = Debt + $62.4 million

So, the debt would be

= $120 million - $62.4 million

= $57.6 million

Now the debt to capital ratio would be

= $57.6 million ÷ $120 million

= 48.00%

7 0

3 years ago

Dee's made two announcements concerning its common stock today. First, the company announced that the next annual dividend will

amid [387]

Answer:

The value of the stock at the given discount rate is $9.5

Explanation:

Here, we are interested in calculating the value of the stock at the given discount rate.

To do this, we employ a mathematical formula;

Value of the stock = Expected dividend ÷ (discount rate-growth rate)

According to the question, we identify the following;

Expected dividend = $1.58

Growth rate(negative) = -1.15% = -1.15/100 = -0.0115

Discount rate = 15.5% = 15.5/100 = 0.155

Plugging these values into the equation, we have;

Value of the stock = 1.58 ÷ (0.155 - (-0.0115)

Value of the stock = 1.58/(0.155 + 0.0115)

Value of the stock = 1.58/0.1665 = $9.5

5 0

3 years ago