1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kolbaska11 [484]
4 years ago
6

1. What is an annual percentage rate?

Business
1 answer:
Maksim231197 [3]4 years ago
6 0
A credit card's interest rate<span> is the price you pay for borrowing money. For credit cards, the interest </span>rates <span>are typically stated as a yearly </span>rate. This is called the annual percentage rate<span> (</span>APR<span>). On most cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.

Hope this helps! :)</span>
You might be interested in
Which course is an integral part of your academic program and is required every semester? Additionally, this course will require
Aneli [31]

Answer:

INTR

Explanation:

INTR is an essential part of the academic program that every student must take in each semester. This course is also known as the applied learning practicum and it is used to ensure that students have both theoretical knowledge as well as practical field experience. This will help students to apply theoretical knowledge to real-life situations.

4 0
4 years ago
Assume that supply increases and demand decreases. what will most likely happen to quantity and price?
Studentka2010 [4]
Quantity increases while price drops. "<span>The </span>law of demand<span> is a microeconomic </span>law<span> that states, all other factors being equal, as the price of a good or service increases, consumer </span>demand for the good or service will decrease, and vice versa." - i<span>nvestopedia.com </span>
4 0
3 years ago
Which of the following statements best describes a chart of accounts?
krok68 [10]
The right answer for the question that is being asked and shown above is that: "d. It s a list of account titles in the order in which they can be found in the ledger." The statement that best describes a chart of accounts is that d. It s a list of account titles in the order in which they can be found in the ledger.<span>
</span>
8 0
3 years ago
A reason to establish internal control is to A. Provide reasonable assurance that the objectives of the organization are achieve
sweet [91]

Answer:   D. Safeguard the resources of the organization.

Explanation:

The functions of internal controls are

  • to minimize risks
  • to protect assets
  • to ensure accuracy of records
  • to promote operational efficiency
  • to encourage adherence to policies, rules, regulations, and laws.c

The reason to establish internal control is to assist safeguard an organization and its objectives.

Hence, the correct option is D.

7 0
3 years ago
What is the option to sell shares of stock at a specified time in the future called? a stock exchange a call option a future a p
MrRa [10]

Answer:

A put option

Explanation:

  • An option is a finantial instrument that allows you to chose wether you buy (a call option) or sell (a put option) an specific good or intrument in a specific time in the future, at a specific price.
  • When talking about an option, you<u> can choose</u>  if you are going to exercise your right to buy (if it is a call option) or sell (if it is a put option).
  • This is a difference between a future and an option: a future is a compromise to buy or sell an specific commodity or finantial instrument, while the option makes it optional (to buy or sell).
  • A stock exchange is a simple exchange of stocks, but without a compromise to do it at a specific time in the future or prices. There is no option or obligation to buy or sell in a common stock change  case.
  • In this case, we are talking about a put option (an option to sell), and the finantial instrument that is linked to the option are shares of stocks.
  • Then,  in a specified time in the future you will be able to sell shares of stock using a put option.
3 0
4 years ago
Read 2 more answers
Other questions:
  • In your own opinion, why do you think it is important to establish a daily job search routine?
    12·2 answers
  • Which of these states one of the opportunity costs of attending college?
    13·1 answer
  • The number of new cases within a population during a specific time period is referred to as the _______ while the total number o
    7·1 answer
  • A pen costs £50 in Britain. An identical pen costs $70 in the United States when the exchange rate is £1 = $1.50. Which of the f
    15·1 answer
  • Implementation of the marketing concept requires a firm to obtain information on what customers needs are and how those needs ar
    7·1 answer
  • Managers feel confident that they can understand, predict, and react to the external forces affecting their businesses when:____
    11·1 answer
  • Use the information to answer the following questions. XXX, Inc. Balance Sheet 2018 2017 2018 2017 Cash 200 450 Accounts Payable
    12·1 answer
  • What is Lifestyle? <br>Why is it important? <br>Give me a real life example? <br><br>Business ​
    9·2 answers
  • Sound good?
    10·2 answers
  • The Intramural Sports Club reports sales revenue of $892,000. Inventory at both the beginning and end of the year totals $160,00
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!