<span>Credit card has slightly lower interest rate.
Let's take a look at both interest rates for 1 year and see what costs more. First, the credit card at 17% apr compounded monthly.
Each month, 17%/12 interest will be taken. The total interest over the year will be
(1 + 0.17/12)^12 = 1.183891728 times the original debt.
Now let's look at the loan from the parents. Over 1 year, you'll be accumulating 2 interest payments. The formula for the year will be
(1 + 0.09)^2 = 1.1881
Comparing the overall rate between the credit card and the parents, the credit card is slightly lower than the parents.</span>
Answer and Explanation:
a. The given statement is true as the corner point at the objective function should be feasible solution which is no longer as compared with the value for every adjacent CPF solution as compared with its optimal
b. The given statement is false as the solution can be an edge
c. The given statement is true as it shows the direct relation between the two things
<span>A. Once you finish making your budget, you should not change it.</span>
When a board of directors determines a selected profit goal, advertising managers commonly enforce a target return objective.
Target return Objective-
The goal return objective is to offer sufficient spending cash and hold the value of the portfolio after taking into consideration taxes and inflation.
The target return goal matters as it determines how the target return is calculated. Some people, which includes retirees, live on profits from their investment portfolios. A target return is actually the charge of return on an investment that a person or enterprise desires to earn. People have distinctive motives or goals in thoughts once they select to apply target returns as an investment tool. The target return goal matters as it determines how the target return is calculated.
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