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Mumz [18]
3 years ago
15

Getting a credit card math quiz question 3 of 5: you have a balance of $4,000 on your credit card with a 12% interest rate (1% p

er month). you plan to make no new purchases with the card. you want to reduce your balance to zero over the next year. which monthly payment is most likely to accomplish this in 11 or 12 months?
Business
2 answers:
Yuliya22 [10]3 years ago
5 0
I was stuck on the same question. When I find out I’ll tell you immediately!!!
Naya [18.7K]3 years ago
4 0

Answer:

You can use an online loan calculator.

credit card balance = $4,000

APR = 12%

If you want to pay your balance in 12 months then your monthly payment should be $355.40.

If you want to pay your balance in 11 months then your monthly payment should be $385.82.

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Thad is worried about the selling price. Rumors are circulating that other retro brands of cycles may be revived. If so, the sel
Step2247 [10]

Answer:

$3,130,000

Explanation:

Net operating income = Total revenue - Total cost

Total revenue = price x quantity = $9,500 x 400 = $3,800,000

Total cost = $670,000

Net operating income = $3,800,000 - $670,000 = $3,130,000

I hope my answer helps you

3 0
2 years ago
Aztic Inc., a manufacturer of sports goods, plans to expand its operations to various other countries. During market research, i
RSB [31]

Answer: demographic makeup

                         

Explanation:  Demographics is a population analysis based on criteria like age, ethnicity, and gender. Demographic data relates to systematically articulated social economic-economic statistics, including jobs, schooling, wages, marriage rates, rates of births and deaths, and much more.

Governments, companies, and NGOs use surveys to learn much more about the dynamics of a community for many reasons, including policy development and research on the economic market. Demographic information is collected to create a profile for the client base of the company for company's marketing objectives.

Thus, from the above we can conclude that the given case depicts demographic makeup.

8 0
3 years ago
ABC, Incorporated desires to have the most qualified people in every position throughout its organization. This is an example of
Mashutka [201]

Answer:

The correct answer is letter "A": Developing human capital.

Explanation:

Developing human capital implies training existing employees of the company so they can specialize in their every-day duties which is likely to be positively reflected in their efficiency at work, increasing at the same time the productivity of the organization.

4 0
3 years ago
Low unemployment rates are often: A. an indicator that finding a job is extremely difficult. B. associated with an ability to fi
lakkis [162]

Answer:

The correct answer is letter "B": associated with an ability to find a job with relative ease.

Explanation:

Unemployment is the state in which an individual who is able and willing to join the workforce cannot find a job even if that individual is constantly looking for opportunities.  

<em>High unemployment rates are typically seen during recessions while the unemployment of a country tends to be low during economic growth. In the last scenario, mainly private investment helps to find a job to be relatively easy.</em>

7 0
3 years ago
Market competition may sometimes encourage a firm to innovate out of fear because of the perception that Group of answer choices
topjm [15]

Answer:

they will inevitably fall behind other competitors seeking out innovations.

Explanation:

Innovation typically involves the creation of a new product of any category such as automobile, building, phones, electronics, etc., that generates money for the innovators or manufacturers through purchase made by the end users (consumers).

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

Hence, market competition may sometimes encourage a firm to innovate out of fear because of the perception that they will inevitably fall behind other competitors in the same industry who are seeking out innovations.

7 0
3 years ago
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