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Drupady [299]
3 years ago
14

List three positive benefits and three possible negative results of using credit.

Business
1 answer:
mixer [17]3 years ago
4 0

Positives:

Credit card rewards.

Fraud protection.

Travel benefits

Negatives:

Interest charges.

Late fees.

Potential for credit damage.

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A. That money earns interest when the bank loans it out.

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Banks pay their customers interest on the money in their accounts because that money earns interest when the bank loans it out.

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After researching many different shoes, Chris narrows down his choice to these two. Which shoes are the best deal?
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The management of Mitchell Labs decided to go private in 2002 by buying all 3.50 million of its outstanding shares at $22.50 per
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Total value = $121.60 million

Percentage return = 54.41%

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a)

Initial cost to Mitchell Labs to go private = Price per share×no. of shares

= $22.50 × 3.50 million

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= 0.5441

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