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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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An investment earns 35% the first year, earns 40% the second year, and loses 37% the third year. The total compound return over
svetoff [14.1K]

Answer:

19.07%

Explanation:

The computation of the total compound return over the 3 years is shown below:

= (1 + investment percentage earned in first year) × (1 +  investment percentage earned in second year)  × (1 +  investment percentage loss in second year)

= (1 + 0.35) × (1 + 0.40) × (1 - 0.37)

= 1.35 × 1.40 × 0.63

= 1.1907

= 19.07%

7 0
3 years ago
What is the best strategy to avoid paying interest on your credit cards?
lord [1]

c pay the miminum balance each month

8 0
3 years ago
Read 2 more answers
Assume that we are in the MM world. Health and Wealth Company is financed entirely by common stock that is priced to offer a 12
Levart [38]

Answer:

13%

Explanation:

the new cost of equity = old cost of equity + [(debt / equity) x (old cost of equity - cost of debt)]

the new cost of equity = 12%+ [(20 / 80) x (12% - 8%)] = 12% + 1% = 13%

Since we are in the MM world, taxes do not exist, therefore they are not included in the equation.

7 0
3 years ago
A client is admitted to the hospital with a diagnosis of lower extremity arterial disease (LEAD) A client with heart disease has
AlekseyPX

Answer:

Blood enters the right atrium via the superior and inferior vena cava, flows to the right ventricle and then into the lungs, returns from the lungs to the left atrium and left ventricle, and exits out the aorta

Explanation:

The blood stream will flow to the right artium through the vena cava and moves to the right ventricle as well as the lungs. The blood is then returned back to the left atrium and ventricle from the lungs. It later flows out through the aorta. That is the sequence of flow of the blood streams to and from the lungs.

6 0
3 years ago
Which of the following statements is most​ correct? A. KSFs are often​ necessary, but not sufficient for competitive advantage.B
anzhelika [568]

Answer:

A.  KSFs are often necessary, but not sufficient for competitive advantage.

Explanation:

KSF

Key Success Factors (KSFs) represent business functions, practices or business activities as defined or seen by the customers or the market as being important or crucial to the development of consumer/business relationship.

KSFs represent areas organisations are to attend to based on the views of the market in order to achieve their goals. It could be in form strengths to maximize, weaknesses to address, aspects to take advantage of among others.

It becomes obvious that although important (from the view of the market or consumers who patronize the business), a business must makes its own due diligence in form of SWOT analysis among others to have the required competitive advantage.

4 0
3 years ago
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