Answer:
monthly payment = (total amount owing+interest to be paid) / 12 months
Explanation:
Monthly repayments include the total amount owing on the credit card, plus the interest to be paid. This amount should then be divided into 12 monthly payments in order to get one constant amount to be paid each month for the 12 month period. We will assume there are no other factors affecting the amount, other than interest.
The formula to calculate the monthly repayments in the credit card is as follows:
(total amount owing + interest) / 12 months
For example, say the amount owing was $100 and the total interest to be paid was $20; the monthly repayment would be calculated as ($100+ $20) / 12 months. This would mean the credit card holder pays $120/12 = $10 per month in order to repay the debt.
Answer:
cultural elements of a company
Explanation:
distinctive personality
Answer:
A. Customer value = customer benefits - customer cost
Explanation:
The customer value is the worth of a product or a service as compared to other alternatives in the standpoint of a customer.
It is basically like the worth of obtaining a product or a service is to a customer. Customer value can be considered how a customer benefits from the product minus the cost of obtaining the product.
Benefits and cost does not always have to be in the form of cash. A benefit can be in the form of quality, value, experience and cost can be in terms of time, effort, or energy.
Answer:
dependable suppliers who are willing to deliver on short notice
Explanation:
I will first try to explain what the concept means. just in time processing is an inventory strategy that has to do with the ordering of materials at short notice and receiving these items just in time for the production process. It decreases inventory costs and waste and also raises efficiency since goods are only going to be received as they are needed for production.
Therefore the correct answer is: dependable suppliers who are willing to deliver on short notice.
