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4 years ago

What is the most important factor to consider when selecting a credit card if you pay the balance every month on time

Business

2 answers:

zysi [14]4 years ago

8 0

Answer:

Annual fee ( B )

Explanation:

The most important factor to consider when selecting a credit card if you pay your balance on time which means that you have a god credit score and you should be conscious of the Annual fees charged by the issuing bank

The APR ( annual percentage rate ): this is the annual rate charged or earned for either borrowing or investing it is applicable on loans and credit card. since you have a good credit record i.e you pay your monthly balance on time you shouldn't be bothered about that

Annual fees are charged automatically because of the benefits that comes with the use of credit card and this is regardless of your credit score

Late fees are charged for late payment made on credit card

Over-the-limit fee are fees charged once a cardholder makes purchases over the balance of their credit card

guapka [62]4 years ago

4 0

The answer is B.
hope it helps

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Grover Company has the following data for the production and sale of 1,900 units. Sales price per unit $ 950 per unit Fixed cost

Ad libitum [116K]

Answer:

$415

Explanation:

The computation of the total manufacturing cost per unit is shown below:-

Total manufacturing cost per unit = Direct material + Direct labor + Manufacturing overhead + Fixed manufacturing overhead

= $240 + $100 + $80 + ($370,500 ÷ 1,900)

= $40 + $100 + $80 + $195

= $415

SO, we have applied the above formula.

7 0

3 years ago

Greg and Joyce have an adjustable rate mortgage on their home. What is the key feature of this type of loan?

vladimir1956 [14]

Answer: Interest rate can vary

Explanation: Based on the description of Greg's and Joyce's mortgage loan, the key term is the adjustable nature of the loan used to finance the mortgage. Being adjustable simply means not fixated. Hence, the interest on the loan is bound to change throughout the entire period of the loan. This type of mortgage loans are called ADJUSTABLE RATE MORTGAGE or FLOATING mortgage. The change in the interest rate applied on the outstanding balance of is usually at intervals which could be annually, semianually or monthly basis as the case may be.

6 0

3 years ago

Three years ago, Charles purchased a health policy from the QRS Company; he has purchased two additional contracts from the same

ikadub [295]

Answer: a. Only one policy will pay, the premiums for the other contracts will be returned.

Explanation:

When there are multiple insurance contracts from the same insurer and these contracts have a ''Other Insurance With This Insurer'' provision, it means that in cases where the insured wants to claim, they can choose whichever of the policies they want and that one will pay out but they cannot pick them all.

The premiums paid on the other contracts/s will be returned to the insured because it represents excess coverage.

5 0

3 years ago

Fredrick is single and lives alone. He paid more than half of the cost of maintaining a home for his father for the entire year.

Elan Coil [88]

Because Fredrick can not claim his father as a dependent then, the filing status that can Fredrick use is Single.

<h3>What is a filing status?</h3>

A filing status is a tax status that is used to determine a taxpayer's filing requirements, standard deduction, eligibility for certain credits, correct tax etc.

In conclusion, because Fredrick can not claim his father as a dependent then, the filing status that can Fredrick use is Single.