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kiruha [24]
3 years ago
12

Janet has an outstanding balance on four different credit cards. Which method of paying off her credit card debt will be the eas

iest to track while still saving money?
paying the minimum balance each month

making fixed payments

snowballing her payments according to the highest interest rate

snowballing her payments according to the lowest balance
Business
1 answer:
bulgar [2K]3 years ago
6 0
I think the easiest way to track payment of card debts while still saving money is PAYING THE MINIMUM BALANCE EACH MONTH.

The fastest way to pay off card debts is to pay the minimum balance of each card and snowballing payment according to the lowest balance. Do this until you pay off the highest amount of your credit card debts.
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$250000-$100000=$150000
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So it's a gain, a gain of $30000
Hope this helps.
7 0
3 years ago
Firms must provide the right incentives if they are to get _______ to focus on long-run value maximization. Conflicts exist betw
Mrac [35]

Answer:

Managers; debtholders; compensation; bondholders; stockholders; risky; debt; convenants; debt; manager's.

Explanation:

An agency conflict can be defined as problems or issues that arises between management, a principal, or an owner, and other parties due to difference in interests.

This ultimately implies that, agency conflict arises when the incentives provided by the management, a principal, or an owner do not align well with those of an agent such as a manager, who is typically playing a fiduciary role.

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

3 0
3 years ago
You need a 30-year, fixed-rate mortgage to buy a new home for $245,000. Your mortgage bank will lend you the money at an APR of
ivanzaharov [21]

Answer:

xcmm this question made me think

Explanation:

LOL

6 0
2 years ago
The performance evaluation error in which a manager gives an employee the same rating on all dimensions, even if his or her perf
Oksi-84 [34.3K]
This type of "easy way out" does a disservice to the employee, company and co-workers.
5 0
3 years ago
Burger King restaurants have reached maturity. They are located throughout the United States and have been successful for many y
My name is Ann [436]

Answer:

be bought out by McDonald's

Explanation:

Among the three answer choices listed, the least likely to occur for Burger King is to be bought out by McDonald's. This is because of the large scale of that purchase, the fact that Burger King, while a direct competitor of McDonald's, is further behind, and beginning to decline, and also because the two businesses may not be compatible under a joint operation.

3 0
3 years ago
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