1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Irina18 [472]
3 years ago
7

your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost, because you just received an

offer in the mail to transfer your $14,000 balance from your current credit card, which charges an annual rate of 21.8 percent, to a new credit card charging a rate of 12.4 percent. a. How much faster could you pay the loan off by making your planned monthly payments of $325 with the new card
Business
1 answer:
kobusy [5.1K]3 years ago
8 0

Answer:

If the interest rate decreases, you will be able to pay back the loan in only 58 months, which is 27 months less than with the higher interest rate.

Explanation:

I prepared an amortization schedule using the 21.8% rate, an it would take 85 months to pay of your debt completely. But if the interest rate decreases to 12.4%, it will take you only 58 months.

Download pdf
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
You might be interested in
Candice’s first job was at the grocery store making deli food. While in culinary school, she worked part time in a restaurant ki
jok3333 [9.3K]

Answer:

move up the career ladder

Explanation:

A career is a series of jobs that are related, whose foundation is based on interest, knowledge, training and experience. Moving up the career ladder means that one has continuously been growing in experience by moving from series of related jobs with fewer responsibilities to the one with more responsibilities within a specific profession.

Moving up the the career ladder also involve continuous advancement in education related to one's profession with a view to gaining more knowledge that would be applied to the chosen job hence above is an example of moving up the career ladder.

7 0
2 years ago
Becky hunter is an accountant employed by faf enterprises. recently she has spent much of her time working on defining measures
boyakko [2]
<span>Becky is a private accountant whose work is mainly with managerial accounting. Managerial accounting is a process o identifying, measuring, analyzing, interpreting, and communicating information in order to achieve the goals of an organization. Another name for managerial accounting is cost accounting.</span>
7 0
3 years ago
Kim, chris, and beth are all partners in a cosmetics firm. kim is leaving the partnership and wants to sell her shares of the bu
Goryan [66]
The answer for your question is B
3 0
3 years ago
. At year-end, Barr Co. had shipped $12,500 of merchandise FOB destination to Lee Co. Which company should include the $12,500 o
irinina [24]

Answer:

idkbhhhhhhjib8givivvivvovovvog

4 0
3 years ago
Analyse TWO benefits of being employed in an education sector (2×2=4)
chubhunter [2.5K]

Answer:

Benefits of being employed in the education sector include:

1)Being Exposed to Multiple Perspectives:  Jobs in education tend to expose employees to a wide variety of perspectives and many different opinions.

2) Stable Schedule: Employees in the education sector can rely on a reliable work schedule with stable hours and little overtime. In the education sector, you do not have to work over time. The timings are exact and flexible along with the weekends off.

7 0
2 years ago
Other questions:
  • Northwest Delivery Company acquired an adjacent lot to construct a new warehouse, paying $75,000 and giving a short-term note fo
    12·1 answer
  • A retail company feels that it has a mixed identity. some of the leadership is focused on promoting the company as offering the
    12·1 answer
  • Reductions in private spending as a result of increased government spending and borrowing is called
    7·1 answer
  • If a firm's business activities do not result in profit maximization, whilst alternatives exist, then such activities amount to
    14·1 answer
  • When the government levies a $100 million tax on people's income and puts the $100 million back into the economy in the form of
    10·1 answer
  • "Buying off" the leaders of a resistance group by giving them a key role and seeking their advice not to find a better solution
    10·1 answer
  • You’re considering making an investment in a project that will generate $1,000,000 per year indefinitely. To finance this projec
    7·1 answer
  • Freedom Inc. has 40 employees within Denver City and County. All of the employees worked a predominant number of hours within th
    7·1 answer
  • In today's manufacturing environment, there is a growing philosophy that supports the deployment of smaller, less directly manag
    7·1 answer
  • According to Percy Barnevik, how should a global manager respond when told "You canât do that in Brazil because of current gover
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!