Answer:
2. interest is the monetary charge for the privilege of borrowing money.
it works as a daily rate calculated by dividing your annual percentage rate by 365, and then multiplying your current balance by the daily rate.
3. benefits: buy on credit, interest-free cash withdrawals, discounts and cashbacks, improvement of credit score, insurance coverage.
drawbacks: debt, damaging the card, extra fees, limited use.
6. Annual percentage rate, annual fee, minimum repayment, cash backs, loyalty points/rewards and charges.
7. grace period is the period of time after the payment is due but before late fees, interest or other penalties start to accrue. Grace period can help you to plan large purchases in a way that maximizes your interest-free period.
8. pay the balance in full and on time, pay more than the minimum required, be mindful of your credit limit.
Explanation:
for the missing answers I couldn't see the picture. i hope this is helpful.
Answer: Competitive advantage.
Explanation:
It is the advantage a company has over their competitors that allows them to produce goods and services of the same or even better quality and benefit as their competitors but at lower price level. This is important because it gives a company an edge over their competitors.
Competitive advantage is characterised by customer services, quality product and service, quality braiding, good distribution network.
Answer:
By using credit, you're building up your overall score. Cash purchases go unnoticed by companies and your bank.
Explanation:
Answer:
The answer to the above question is:
"The return patterns around earnings announcement is an example of behaviorial pattern exhibiting as more investors flock to buy the stock which has shown better earnings thus driving up the price. In an efficient market, this information would already be built into the price and thus there would not be any appreciable change in price post earning announcement".
Explanation:
Answer:
The delivery cycle time was 25.2 hours
Explanation:
Working notes:
Consider the following formula to solve the exercise
delivery cycle time=Wait time+Process time+Inspection time+Move time+Queue time
=(12.7+1.8+0.2+4.4+6.1)
which is equal to = 25.2 hours.
