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Mademuasel [1]
3 years ago
10

Tim’s credit card has an APR of 24 percent. What is the periodic rate for this credit card?

Business
1 answer:
Bad White [126]3 years ago
6 0

The periodic rate for this card is 12 month period.

<u>Explanation:</u>

APR is short for Annual Percentage Rate, which is the intrigue you're charged over a year time span. For example, a card with 24% APR costs 2% every month on balances that you convey from month to month.

Whatever rate is charged on the credit card is for a period of twelve months which is a period for a year. The interest rate is the cost for using the amount of credit which has been offered by the bank to the owner of the credit card.

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Suppose that Eleanor receives higher pay at her workplace than her colleagues do, even though they perform essentially the same
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Answer:

The answers are letters D and E

Explanation:

The effort and the human capital can explain this wage disparity.

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The following transactions were selected from among those completed by Hailey Retailers in the current year:
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The appropriate journal entry for each of these transactions,

Date                         Journal entry                        Debit                    credit

Nov 20                Cash    a/c                                441

                           credit card discount                  9

                         To sales revenue                                                        450

Nov 25        Accounts receivable                      2800

                    To sales receivable                                                   2800

Nov 28        Accounts receivable                 7200

                    To sales receivable                                               7200

Nov 30        Sales return                            600

                To account for receivable                                           600

Dec 06      Cash                                         6468

                  sales discount                         132

                 To accounts receivable                                   6600

Dec 30      Cash                                          2800

                 To accounts receivable                                   2800

Net sales:450+2800+7200-600-132

              = 9718

Examples of transactions are as follows: Paying a provider for offerings rendered or goods introduced. Paying a vendor with cash and a note so one can obtain ownership of assets formerly owned by the seller. Paying an employee for hours worked.

A transaction is a finished settlement between a client and a seller to exchange items, offerings, or monetary property in going back for cash. The term is also commonly utilized in company accounting. In business bookkeeping, this simple definition can get complex.

A cash transaction is the immediate charge of coins for the acquisition of an asset. some market stock transactions are considered cash transactions although the exchange might not settle for some days. A futures agreement isn't always considered a cash transaction.                

Learn more about transactions here brainly.com/question/5007419

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2 years ago
Bee Sting bought 400 shares of Google at $399.75 per share. Assume a commission of 2% of the purchase price. What is the total t
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Given:
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The total to Bee Sting is $163,098
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A contract with a mistake that results from failure to understand the contract’s meaning or significance or from failure to read
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