Incomplete question. However, I answered based on the information.
Explanation:
We can determine which Credit card is best in terms of its interest rate by comparing both rates monthly:
Credit card A
<u>APR for the First 3 months:</u>
4.1% / 360 days = 0.009% x 30 = <u>0.27% </u>per month for the first 3 months.
<u>APR for Next 9 months:</u>
15.7% / 360 days = 0.04361% x 30 = <u>1.308% </u>per month for the next 9 months.
Credit card B:
<u>APR the First 3 months</u>
4.2% / 360 days = 0.011% x 30 = 0.33% per month for the first 3 months
<u>Next 9 months:</u>
15.5% / 360 = 0.04305% x 30 = <u>1.291%</u> per month for the next 9 months
Hence, we can conclude,
- For the first 3 months,
Credit Card A is best because it offers lower interest charges.
- For the next 9 months, Credit Card B is best because it offers lower interest charges.
Answer:
Dividend paid = (5%× 10,000 × $10) = $5000.
Explanation:
<em>Preference shares entitles the holders to participate in a fixed dividend out of the profit made by the company. The divide is always a fixed percentage of the nominal value of the preference shares</em>
It can be cumulative and non-accumulate.
Cumulative <em>simply implies that should the company misses the payment of dividend in a particular year such unpaid dividend would be carried carried forward and paid in arrears in the following year/</em>
Non-cumulative i<em>s the exact opposite of the case . Here, unpaid dividends are not paid in arrears in fact such are forfeited for life.</em>
Dividend in Year 1
Dividend paid in Year 1 was $ 4000 but ought to be $5,000 (5%× 10,000 × $10). An arrear of $1000
Dividend in Year 2
Dividend paid = (5%× 10,000 × $10) = $5000.
Note that the unpaid dividend of $1,000 in year 1 is lost forever
Answer:
Finance Learning Corporation
Explanation:
Answer: A higher interest rate.
Explanation: Most savings accounts do not have a high interest rate at the moment.
Answer:
Project Scope Management is the applicable knowledge area.
Explanation:
Project Management involves the use of knowledge skills, tools, techniques to meet the requirement of the project. Other knowledge areas in Project Management include;
- Project Procurement Management
- Project Integration Management
- Project Communication Management
- Project Human Resource Management
- Project Quality Management
- Project Stakeholder Management
Project Scope Management involves explaining what the project will entail. It ensures people have a clear understanding of what the project is about.
