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Eddi Din [679]
3 years ago
9

You got a new credit card and spent $200 on the card last month. You forgot to make the payment on time and were assessed a $40

late fee. What is the late fee as a percentage of your balance?
a) 20%
b) 25%
c) 40%
d) 50%
Business
2 answers:
Nat2105 [25]3 years ago
6 0
The answer is..............A-20%
anzhelika [568]3 years ago
5 0
The answer is A.
10% of 100 = $10
20% of 100 = $20

So:
10% of 200 = $20
20% of 200 = $40
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Answer:

Appreciation in Investment Value = Percentage rise in value of investment

Explanation:

Capital Gain yield equals the appreciation in an investment's price. It is measured as percentage change over the original investment acquisition value.

Capital Gain Yield = Percentage (%) rise in value of an investment

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Eg : If a security purchased for 100 is now for 125 ;

Capital Gain Yield = (25 / 100) x 100

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B. False.

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8 0
3 years ago
A property owner installs a new air conditioning system. how does this affect the property's effective age?
Rama09 [41]

The effect that the newly installed air conditioning system would have on the property's effective age would be: it decreases it.

<h3>What is a Property's Effective Age?</h3>

The effective age of a property can be described as the reflection of the true life of the property that is left remaining, based on the life expectancy that is typical of equipment or buildings that are similar to it and their usage.

So, when a property owner installs a new air conditioning system on a property, the air conditioning system, can cause wear and tear to the property which reduces how long the property can serve its purpose.

Therefore, we can conclude that the effect that the newly installed air conditioning system would have on the property's effective age would be: it decreases it.

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6 0
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6 0
2 years ago
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