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vredina [299]
3 years ago
15

Liam uses his credit card regularly and always pays the minimum payment on his credit card statement each month. It is MOST LIKE

LY that Liam’s credit card balance will ________ over time.
A. increase

B. decrease

C. stay the same

D. Paid in full
Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
3 0

Answer:

A. increase

Explanation:

Liam has not been clearing his credit card as per the monthly statement. It means that every month, he carries a balance to the next month.

Credit cards charge an interest rate known as the Annual Percentage Rate APR. Credit cards APR is among the highest interest rate in the market today. On average, the APR rate is about 21 percent.

When Liam does not clear his balance for the month, it means the amount carried forward will be subject to the APR. His debts will include the interest and regular expenses. The interest on a credit card is calculated and applied every month. Carrying forward balances then means this month's balance plus interest becomes a new balance for the next month. Interest charged in the previous month will subject to attract interest in the coming month.

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Answer:

Power.

Explanation:

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Also, they provide 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.

Some types of power expressed by leaders are referent power, coercive, etc.

In this scenario, Nour is usually takes charge of the situation and gets people moving toward the group's objective. Thus, Nour probably has a high need for power because he's more often than not in charge and control while getting his team members to achieve the set objective.

5 0
2 years ago
Robert started his company in his parents' garage because he could not afford to rent an office space. Most of his finances were
Levart [38]

Answer:

having lower overhead costs.

Explanation:

Robert started his company in his mother's garage so he did not have to pay rent or lease at the initial stage of his business. This gave him the opportunity to put his finances in essential aspects of his business.

Therefore he had an opportunity to reduce his overhead cost.

4 0
2 years ago
50 points if you answer this question, If you can date any celebrity, who will it be?
liubo4ka [24]

Answer:

Most likely Belle Delphine

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A registered investment adviser often recommends real estate limited partnership investments to her wealthy clients. The RIA's p
jeyben [28]

Answer: Her actions are inconsistent with the advice being given to her clients and this must be disclosed

Explanation:

Since the registered investment adviser often recommends real estate limited partnership investments to her wealthy clients but she never buys limited partnership units for her personal account.

This shows that her actions are inconsistent with the advice being given to her clients and this must be disclosed.

5 0
2 years ago
Abraham found a $1,000 face value bond that belonged to his father. He checked The Wall Street Journal and found the bond was cu
asambeis [7]

Answer:

Premium

Explanation:

Whenever a bond sells for more than its face value, it sells at a premium, which means that the investors are willing to pay more for the bond than its face value. This happens when the coupon payment percentage on the bond are higher than the yield to maturity of the bond, because the investors required return is the yield to maturity, when the bond pays more than the required return the investors are willing to pay more for the bond.

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2 years ago
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