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3 years ago

Which of the follow will happen if you miss a monthly credit card payment?

1 answer:

7 0

After missing a payment, you'll likely see two charges: A late fee, usually between $25 and $35, and interest on the balance. If the missed payment was an accident,you may want to call your issuer and explain that the missed payment was an accident, it won't happen again and you've already made a payment.
Have a wonderful day !!!!!! :)

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A product that cannot be perceived by the senses is called an _____ product.

Eva8 [605]

Im pretty sure it is amenity

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3 years ago

What is the meaning of 50k in 2018?

kvv77 [185]

Answer:

50,000

Explanation:

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3 years ago

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Derek can deposit $279.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next month.

algol13

Answer:

The rate that Bank B must pay Derek to have have the same amount in both accounts after 10 years is:

= 22.611%

Explanation:

a) Data and Calculations:

Monthly deposit in Bank A= $279

Period of deposit = 120 (10 * 12) months

Interest rate = 14% compounded monthly

Using an online finance calculator, the future value =

Sum of all periodic payments = $33,480.00

Total Interest = $38,800.23

Future value of funds = $72,280.23

Annual deposit in Bank B = $2,447

Period of deposit = 10 years

Future value = $72, 280.23

Therefore, the Interest rate = 22.611%

8 0

3 years ago

Tyrell Company issued callable bonds with a par value of $24,000. The call option requires Tyrell to pay a call premium of $500

Wittaler [7]

Answer:

case 1)

bonds payable 24,000

loss on retirement 5,000

discount on BP 4,500

cash 24,500

case 2)

bonds payable 24,000 debit

premium on BP 1,000 debit

gain on retirement 500 credit

cash 24,500 credit

Explanation:

we are going to write off the bonds payable and their discount account

we also debit the cash account for the amount of cash outlay to retire the bond

the difference between cash and the carrying value will be the loss on retirement when lower

and a gain on retirement when higher.

case 1)

carrying value 19,500

total cash outlay (24,500)

loss on retirement (5,000)

case 2)

carrying value 25,000

total cash outlay (24,500)

gain on retrement 500

3 0

3 years ago

Which choice best describes labor laws passed during the New Deal?

Airida [17]

The answer would be

A. union-friendly

because during the new deal labor laws that favored unions were passed

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3 years ago

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