Answer:
interest expense for October $ 27.25
Explanation:
900
+ 1,300 x 20/30
<u> + 100 x 15/30 </u>
1,816.67 average balance
Now we multiply this average balance by the interest rate of the credit card:
1,816.67 x 0.18/ 12 = 27.25
My balance had to go up $30, since my current balance was $15,300 and the interest rate of 18% or 1.5% per month when I payed $200 this month.
Answer:
Webisodes
Explanation:
Webisodes are a form of series that has episodes aired predominantly on the web. It can be downloaded or streamed, and it can also be aired on normal cable television.
The major characteristic of webisode is its distribution on the internet, and it uses various video streaming websites.
Ford used webisodes to target college students for its Focus brand.
College students use the internet alot so they will have more exposure to the webisodes.
Answer:
At par
Explanation:
From the question we are informed about Road Hazards with has 12-year bonds outstanding. The interest payments on these bonds are sent directly to each of the individual bondholders. In this case these direct payments are a clear indication that the bonds can accurately be defined as being issued at par. A par bond can be regarded as bond that is been sold at the exact face value, most mind sells at the face value of $1000, that $1000 is the face value, any par bond usually give an investor a yield which matches the amount of coupon that is associated to the bond.
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If Able Drug Company already has a patent on a drug called drug Z27, then they have the rights to charge it higher than cost of production. They do this so that they would gain profit from the drug that they have patented and to be able to expand their business more with it.
