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nalin [4]
3 years ago
10

Which statement best describes the two billing cycle method that some credit card companies use

Business
1 answer:
Alborosie3 years ago
3 0

Answer:

Double-cycle billing is a method used by creditors, usually credit card companies, to calculate the amount of interest charged for a given billing period. It takes into account not only the average daily balance of the current billing cycle (usually one month), but also the average daily balance of the previous cycle.

Explanation:

idk...my mom helped me answer this for you

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Retailing is composed of all of the business activities that add value to the products and services customers buy. This includes
ivolga24 [154]

Answer: Finance, purchasing, accounting, suppying

Explanation:

Retailing is known as a sub middleman in business that buys from the wholesaler and sells to the consumer in smaller quantity not as big as the wholesaler.

The following are activities of the retailer, although it might not be all followed by many retailers but depending on their ability and understanding

-Finance

-Purchasing

-Accounting

-Management Information System

-Supply management including warehouse and distribution management.

3 0
3 years ago
Laura is head of ABC Systems. She needs to allocate a fixed amount of funds to various projects. There are two top projects that
TEA [102]

Answer: A. dialectic method

Explanation:

The DIALECTIC METHOD or DIALECTICS at it's basic level is a sort of debate between people of opposing viewpoints who wish to use the debate to come up with the best viewpoint by stating the facts and truths of their viewpoints.

They speak on whatever misgivings they may have about the other and explain in a logical manner why their views are better.

It is 'sort' of like a debate because unlike debates, it isn't supposed to get emotional but be fact and merit based.

3 0
3 years ago
You obtain a vehicle loan from the bank for $34,720 for a term of 4 years at an annual interest rate of 7.5%.  Use the amortizat
Alla [95]

Answer:

TVM=34,720*0.075/12 : [1-(1+0.075/12)^-48]

TVM=839.49

Explanation:

An=34,720

t=4 yrs , ---> n=48 (4*12)

j=7.5 %.---> i=0.075/12

m=12

* i=j/m

*n=mt

TVM=An*i : [1-(1+i)^-n]

TVM=34,720*0.075/12 : [1-(1+0.075/12)^-48]

TVM =839.49 (round two decimal)

4 0
3 years ago
In 2007, the fdicâs insurance limit was $100,000 per person per bank. at that time, if kit had three separate $50,000 cds at ban
LenKa [72]
The answer is B. $280,000
3 0
3 years ago
Read 2 more answers
A linear programming approach is usually used by managers involved in portfolio selection to maximize risk. minimize risk. maxim
Pavlova-9 [17]

Answer: maximize return on investment

Explanation:

Linear programming is an optimization technique that is used for a system of linear constraints and an objective function that helps in defining the quantity that is to be optimized.

It is used for sure solving complex problems in businesss whereby deciding of the quantities f variables to use in achieving profit maximization or cost minimization is difficult.

Therefore, linear programming approach is usually used by managers involved in portfolio selection to maximize return on investment.

4 0
3 years ago
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