Answer:
The correct answer is letter "D": As a co-signer, you open an account and an adult signs on with you; as an authorized user, you are added to someone’s existing account
Explanation:
Co-signers are individuals that could help others to open a credit card account in case that person does not meet specific credit history requirements but the credit card issuer. Co-signers must be 21 years old. Authorized users are added to the account to request information, change it, or make payments.
Answer:
1500
Explanation:
Breakeven point is the number of units produced and sold where net income is art on it is where revenue equals cost.
The formula for calculating break even points = F / (P - V)
F = fixed cost
P = price
V = variable cost per unit
$270,000 / ($600 - $420) = 1500
I hope my answer helps you
Answer:
True
Explanation:
Economic stimulus refers to change in monetary or fiscal policies by the Federal Reserve with growth as an objective. One of the ways of implementing economic stimulus is lowering of interest rates by the Fed.
Lowering of interest rates by the Fed would have an effect on loans availed by the public. The quantity of loanable funds shall increase which would lead to lowering of interest rates charged by the banks.
In the given case, Nick stands to gain in the sense he can avail car loan at a lower rate of interest than currently offered, if he waits for Fed to implement it's new policies.
Thus, the given statement is true.
The answer & explanation for this question is given in the attachment below.
Solution:
Slope = y2 - y1 / x2 -x1
slope = 81 - 111 / $2.00 - $1.25
slope = -30/$0.75
So every $0.75 increase causes a decrease of 30 sales.
So the rise over run or slope of the line is -30/0.75 = -40/1
Start forming the equation:
y = mx + b
y = -40x + b
Substitute one of the points to find the y-intercept:
81 = -40(2) + b
Isolate for the y-intercept:
b = 161
So,
y = -40x + 161