Answer:
$0.7577
Explanation:
The computation of the finance charge is shown below:
Finance charge = The account balance × monthly rate
where,
The account balance = $50.51
Monthly rate = 18% ÷ 12 months = 0.015
So, the finance charge is
= $50.51 × 0.015
= $0.7577
We simply multiplied the account balance with the monthly rate so that the finance charge could come
All other information is not relevant. Hence, ignored it
Cost: ...
Financial strength and stability of operations: ...
Form of organization and legal status: ...
Purpose and time period: ...
Risk profile: ...
Control: ...
Effect on credit worthiness: ...
Flexibility and ease:
Answer:
d. All of the above
Explanation:
Every workplace has its written and unwritten rules, regulations, and social conventions.
Staying up late which would make an employee sluggish at work, choosing to wear pajama pants in a formal office meeting, and inviting loud and rowdy friends to your workplace would definitely have a negative effect on one's job because those decisions and behavior are unprofessional.
Answer:
$5,525.63
Explanation:
The formula for calculating future value = A (B / r)
B = [(1 + r)^n] - 1
R = interest rate
n = number of years
((1.05)^5 - 1) / 0.05 = 5.525631
$1000 x 5.525631 = $5,525.63
Answer:
$3,150
Explanation:
Data provided in the question
Number of shares owned = 15,000 shares
Dividend per share = $0.21
So, the total dividend received is
= Number of shares owned × Dividend per share
= 15,000 shares × $0.21 per share
= $3,150
We simply multiplied the number of shares owed with the dividend per share so that the total dividend could come