Answer:
a. $5
b. $4
c. $6
Explanation:
a. store A?
Beginning balance = $300
Ending balance = $300 - $100 = $200
Average balance = ($300 + $200) ÷ 2 = $250
Monthly APR = 24% ÷ 12 = 2%
June finance charge = Average balance × Monthly APR = $250 × 2% = $5
b. store B
June finance charge = (Beginning balance - Payments) × Monthly APR = ($300 - $100) × 2% = $4
c. store C?
June finance charge = Beginning balance × Monthly APR = $300 × 2% = $6
A producer supplies an income-type rent at the same time as an independent leasing business enterprise gives an instantaneous.
Unbiased humans have a mind of their very own. it's far due to this exceptional that their ideals and principles are nicely-rooted and can't be easily swayed with the aid of the critiques of others. Any selection they take is primarily based on what they believe and not on the expectations or judgments of society.
It promotes self-belief and in addition to motivation and perseverance in college. It fosters self-reliance, permitting your toddler to feel they've been manipulated over their existence. A girl who supports herself on her own entirely and is proud in order to achieve this could be seen as being impartial. An independent woman is aware of what she feels, says what she actually believes, and lives real to her personal values. She owns her very own power and looks out for herself.
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In the world demand for US, exports <u>increase</u> the demand for US dollars. a in the US interest rate differential <u>decreases</u> the demand for US dollars
An interest rate tells you how excessive the cost of borrowing is, or excessive the rewards are for saving. So, if you're a borrower, the interest charge is the quantity you're charged for borrowing cash, proven as a percentage of the total amount of the mortgage.
Traditionally, the guideline of thumb is that refinancing is a superb idea if you can reduce your interest rate by way of a minimum of 2%. but, many creditors say 1% financial savings is sufficient of an incentive to refinance.
As interest rates circulate up, the value of borrowing becomes more costly. because of this call, lower-yield bonds will drop, causing their price to drop. As interest prices fall, it will become less complicated to borrow money, and plenty of corporations will issue new bonds to finance growth.
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Answer:
Explanation:
Using Fisher equation <u><em>(Which is estimating the financial mathematics and economics relationship among real interest rates nominal interest rates under inflation.) </em></u>which goes like this

where

Inflation = (1+0.08) / (1+0.06) - 1 = 1.88% (Could be approximated as 2%)