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3 years ago

Are there any special fees or interest rates, or both for Chash Advances and Balance Transfers?Explain.

Business

1 answer:

jek_recluse [69]3 years ago

3 0

Transfers Transfer payments.

Specialization Limiting production to fewer goods and services than consumed, perhaps those whose production entails lower opportunity cost.

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1. If money is deposited in a bank that pay's simple interest of 4.5 %, bow much will have to be deposited to earn $90 of intere

TiliK225 [7]

The amount of 3000 will have to be deposited to earn $90 of interest for 8 months, if money is deposited in a bank that pay's simple interest of 4.5%.

Explanation:

The given is,

Simple interest of 4.5 %

Earn $90 of interest for 8 months

Step:1

Formula to calculate the simple interest method,

$F=P(1+iN)$ ...................................(1)

Where,

F - Future amount

P - Initial investment

i - Rate of interest

N - Number of years

From given,

i - 4.5%

Let, X - Initial investment, P = X

F = P + Interest amount

F = X + 90

From the equation (1),

$(X+90)=X(1+(0.045)(0.667))$

(∵ N = 8 months = $\frac{8}{12}$ = 0.667 year )

$(X+90)=X(1+(0.03))$

$(X+90)=X(10.03)$

$(X+90)=1.03 X$

$90=1.03X-X$

$90=0.03X$

$= \frac{90}{0.03}$

= 3000

P = X = $ 3000

From the X value.

F = P + 90

= 3000 + 90

F = $ 3090

Result:

The amount of 3000 will have to be deposited to earn $90 of interest for 8 months, if money is deposited in a bank that pay's simple interest of 4.5%.

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3 years ago

What has the greatest potential to demotivate you and lead you to unproductive activities

Vesna [10]

Answer:

loved one putting you down

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Quistor Inc., a company based in the country of Waltefa, contracts with a small-scale supplier in the country of Carlesna to man

bazaltina [42]

Answer:

Foreign outsourcing

Explanation:

Foreign outsourcing is a business practice by which a company based in a certain region or country hires another company outside of the region to produce good and perform services that could have been done within. We could also define it as the importation of products or service that could have produced domestically. Most times foreign outsourcing are done to reduce cost of production or service delivery, but one common risk that could be experienced in foreign outsourcing is the loss of control over the goods produced or the services provided.

Therefore, the strategy by Quistor Inc. illustrates foreign outsourcing.

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3 years ago

Interest rates and decisions

svetoff [14.1K]

Answer:

a. No, the firm needs to take the volatility of short-term rates into account.

Explanation:

Short term interest rates are more volatile than the long term interest rates. If the company chooses to finance its operations solely from short term financing than it will need to incorporate the affect of volatility in the short term interest rates to identify the net returns. The volatility should be calculated with the risk factor and required rate of return of the funds.

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3 years ago

Short term goal can be defined as:

Serjik [45]

A short term goal is a a goal that can be accomplished right away

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Are there any special fees or interest rates, or both for Chash Advances and Balance Transfers?Explain.​

Are there any special fees or interest rates, or both for Chash Advances and Balance Transfers?Explain.