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cluponka [151]
3 years ago
9

Nadia's credit card has an APR of 12.18% and a grace period of 17 days, and Nadia pays her balance in full every month. If her l

ast billing cycle ended on November 27, 2009, and she made her payment on December 13, 2009, did she owe any interest on her last statement's balance?
A.Yes, because she didn't pay within the grace period. B.No, because she didn't pay within the grace period. C.No, because she paid within the grace period. D.Yes, because she paid within the grace period.
Business
1 answer:
Margarita [4]3 years ago
3 0

No, Nadia wouldn't owe any interest on her last statement balance because she paid it in full within the grace period. A grace period is a period in which they allow someone to make a payment without being held accountable for a delay in payment making. Since Nadia paid the amount on day 17, she was within the grace period and forgiven of all interest.

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A business that incorporates must file a document with the state, which includes a description of the business activities, the s
Sindrei [870]

Articles of incorporation ,  corporate charter are used to describe this document.

<h3><u>Explanation:</u></h3>

The document that is very formal in nature and also filled with information related to the creation of the company refers to the Articles of incorporation. It contains the details related to the name and address of the company, the type and the amount of stock that is to be issued, agent for service of process.

The document that contains the information related to the secretary of state  during the time in which the business is incorporated refers to the corporate charter. This can also be referred as  certificate of incorporation. The details in this documents may differ that depends on the size and the regulations of the company.

6 0
3 years ago
Which of the choices is an example of offshore outsourcing?
Alexxx [7]

Answer:

None of the choices describe offshore outsourcing.

Explanation:

Offshore outsourcing is when a company hires a third party in another country to do some tasks for the company.

4 0
3 years ago
Read 2 more answers
Ana has won a lottery. she was offered two options to receive the award: she can either take it in five installments of $60,000
ANTONII [103]
She should choose to<span> take a lump-sum of $271,000 now. This is the best option since the other option would have a present value less than $271,000. If you use the present value annuity calculator, you can get the present value of the installment option to be </span>$259,768.60. Therefore, the the lump – sum payment option is the most appropriate.<span> </span>
8 0
3 years ago
Camp Elim obtains a $125,000, 6%, five-year loan for a new camp bus on January 1, 2021. If the monthly payment is $2,416.60, by
Virty [35]

Answer:

The answer is A. $1,791.60

Explanation:

Annual interest payment on the loan is:

6% x $125,000

=$7,500

Therefore, monthly interest payment is $625($7,500/12 months).

Monthly payments (which comprise principal and interest payment) is $2,416.60.

The carrying value decrease when the first payment is made on January 31 was made will be:

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4 0
3 years ago
____ is the process of managing operations control, resource acquisition and purchasing, and inventory to improve overall effici
kramer

Answer:

A) Supply-chain management

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Supply chain management is defined as set of activities aimed at transforming raw materials into.final product for the consumer.

A main focus of supply chain management is efficiency of supply side activities resulting in processes that are as economical as possible.

Activities such as operations control, product development, information systems, resource acquisition and purchasing, and inventory are under supply chain management

6 0
2 years ago
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