Guarantee cash flow. Sorry if I'm wrong
Annual percentage rate or APR is a credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate. This is called the annual percentage rate (APR).
Now, According to the Question,
We are Given :-
- Time = 3 Years, paid back monthly
<u>CALCULATION</u>
Finance Charge / Amount Financed =
$195.56 / $1,000 = 19.56
Table factor of 19.56 at 36 periods = 12% APR
Therefore the APR for the borrowed money is 12%
To know more about Annual percentage rate or APR, check the links.
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Answer:
The entry to record the payment of attorneys fees by a way of share issue will be:
Dr Organization expense $5000
Cr Share capital $3000
Cr Share premium $2000
Explanation:
Firstly, the fees payable to the attorneys is $5000,hence organization expense is debited with $5000.
However, the value of the shares given is 300*$10 i.e $3000,as a result, the attorneys have indirectly paid $2000 more for the shares, the excess is recorded in paid in share capital in excess of par value account or a share premium account.
The rationale for the entries is that expense account takes debit when it increases and capital account a credit.
Answer:
Option d (All of the above) is the right approach.
Explanation:
- Tutoring provides a rather more personalized, methodical, stimulating learning environment. This also enhances professional tutor's autonomy, approach regarding topics, and professional fulfillment.
- Any individual used to teach some other individual, particularly a personal educator or teacher, throughout various fields of study or academic disciplines.
Answer:
The answer is increasing the saving rate
Explanation:
Increasing the saving rate.