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Ostrovityanka [42]
3 years ago
12

It will take Cody 3 months to save up enough money to purchase a stereo. He has a credit card with a 12% interest rate. Cody’s f

riend Mark says it will cost Cody less money if he saves for 3 months instead of using the credit card. Is Mark correct?
Business
2 answers:
Alchen [17]3 years ago
6 0

Answer:

Mark is correct.

Explanation:

If Cody saves for three months, he will not incur any other cost apart from the purchase price of the stereo.  Cody may even earn some interest on the savings depending on his type of account.

The use of a credit card is incurring a debt. The credit card debt is usually among the highest in the market. It calculates interests monthly. If Coby purchases the credit card, he will pay three months' interest on the credit.

The savings option will cost less money because it eliminates interest payments.

Rashid [163]3 years ago
4 0

Answer:

Mark is correct.

Credit cards charge interest on unpaid balances.

Paying cash has no interest.      

Explanation:

Just did it on EDG 2020

this is what it asks

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In about 2003, day spas, chain whitening franchises, and other businesses began to offer teeth whitening. Dentists began complai
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Answer: D

By the way, option C is equal to option B because there's no new information in C

Explanation:

This is business. Looking at the agitation of the Dentists and the Dental board, you can see that if the dentists didn't speak up they would have less number of patients or clients once the other business start offering teeth whitening services to people.

Dentists are medical practitioners, yes, but they earn from treating people with teeth problems or issues.

Statement D hence portrays the mindset of the dentists and the dental board

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The value proposition for the AARP brand is seen in what kinds of benefits for the members? (Select 3)
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Ensuring products are well below the going market rate.

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In the united states, in practice, the differences among the measures of inflation computed using the cpi, the gdp deflator, and
velikii [3]

In the united states, in practice, the differences among the measures of inflation computed using the cpi, the GDP deflator, and the PCE deflator are small.

In economics, inflation is a widespread boom in the fees of goods and offerings in an economy. when the general fee degree rises, each unit of currency buys fewer items and offerings; therefore, inflation corresponds to a discount inside the purchasing energy of money..

whilst excessive inflation is commonly considered dangerous, a few economists accept as true that a small quantity of inflation can help drive a financial boom. the opposite of inflation is deflation, a scenario wherein costs have a tendency to say no. The Federal Reserve objectives a 2% inflation rate, based on the patron fee Index (CPI).

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7 0
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If Morgan worked 15 hours last week and is paid $10 per hour the amount
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Answer:

D Gross pay

Explanation:

Gross pay is the income or salary before any deductions.  Gross pay will comprise the basic salary plus any bonuses, commissions, and overtime payment.

The amount that Morgan will be paid before taxes and other expenses are deducted is the gross pay. A majority of voluntary and involuntary deductions are calculated based on gross pay.

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